Chai with Pabrai cover image

Mohnish Pabrai's Q&A session with the Finance Club of IIT Patna on May 10, 2023

Chai with Pabrai

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Lessons from an Amazing Story: Lulu and Unbelievable Achievements

Investing and in life, we want to look for anomalies./nChinese businesses like Alibaba, Tencent, and JD have been massive cash print machines and the backbone of the Chinese economy./nThere is a lot of unpredictability with the leadership in China, making it difficult to forecast the impact on investments./nStaying away from investments in China may be appropriate due to the uncertainty, but others could still do well./nIt's important to evaluate the decision based on individual circumstances and risk tolerance.

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