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Mohnish Pabrai's session with EO Gurgaon on January 10, 2023
Chai with Pabrai
The Importance of Knowing Your Business' Return Profile
To make smart investment decisions, look at the return profile. Many businesses fall into the trap of just expanding and never considering the returns. The cement business is a good example. Use a mental model that requires at least a 20% return on incremental capital before investing.
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