Chai with Pabrai cover image

Mohnish Pabrai’s Q&A Session with MBA Students at Columbia Business School – March 18, 2021

Chai with Pabrai

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Navigating the Margin of Safety

This chapter explores the concept of margin of safety in investing, contrasting different investor priorities such as purchasing at a discount versus valuing business quality. The speaker shares personal experiences and insights on taking calculated risks and reflects on the challenges of investing in a competitive environment. The discussion also emphasizes the significance of charitable giving and the balance between wealth accumulation and personal fulfillment.

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