Mohnish Pabrai's Presentation and Q&A at the University of Nebraska, Omaha on May 5 2023
Chai with Pabrai
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The 12 Best Decisions to Make in Berkshire
This year in Buffett's letter, he had a couple of very candid and great quotes. In 58 years of Berkshire management, most of my capital allocation decisions have been no better than so-so. And our satisfactory results have been the product of about a dozen truly great decisions. So basically it ends up being something like 4%. And we have 4% from the gods of investing, which doesn't give us a lot of confidence.
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