4min chapter

Chai with Pabrai cover image

Mohnish Pabrai's Presentation and Q&A at the Boston College on October 27, 2022

Chai with Pabrai

CHAPTER

How Much Time Do You Spend on People?

Monish: I had a bias towards education. Education generally gives you more measurable outcomes. And we ended up with a situation where we are able to identify really poor kids in India who are really bright. We're able to spending $2,000 or $3,000 per kid do some pretty extreme changes to them and their families - future well-being. That's great trajectory change. Most charities don't think like this. They think about what feels good. So if you have a homeless population and you give out needles to everyone, that's a really good thing to do. What is the impact of that versus taking some people off the street into temporary housing, which is better?

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