Chai with Pabrai Mohnish Pabrai Lecture at Peking University (Guanghua School of Mgmt) - Oct 14, 2016
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Feb 28, 2023 AI Snips
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The India Investment Anecdote
- Mohnish Pabrai invested $30,000 in India and saw one IT company rise from 45 to 7,000 rupees in 5 years.
- He sold at the peak, turning $15,000 into $1.5 million, but regretted selling other businesses that appreciated 50 to 60 times.
Steel Company Buyout Success
- Pabrai bought a steel company with contracts guaranteeing cash flow for two years.
- This investment quadrupled in about two and a half years upon a buyout offer.
Low Risk, High Uncertainty Edge
- Stock market volatility creates low-risk, high-uncertainty opportunities.
- Such businesses often get undervalued despite their intrinsic value, leading to potential multi-baggers.