Mohnish Pabrai is one who has to be listened carefully.
@djben928
Жыл бұрын
I agree
@mrretired2715
3 ай бұрын
Someone tell him sell some shares to buy a fkn better microphone
@mrretired2715
3 ай бұрын
The other guy is just playing on his phones
@erlendolsen7172
Жыл бұрын
Too bad the audio quality is sh
@inertiaforce7846
Жыл бұрын
This was an amazing video I love Mohnish Pabrai. He says if Costco goes to 200 times earnings we should have sold a long time ago. I did exactly that with Amazon. I bought Amazon in October of 2001 at $10.74 per share. I purchased 40 shares so my investment was around $430. I held Amazon until February of 2018 when it's PE ratio was 345 times earnings. Although Amazon had announced record earnings, I did not know what kind of record earnings they were going to be, and when I saw 345 times earnings multiple I got spooked that it's significantly overvalued. I sold 39 out of 40 shares at $1,425 per share. My gain was some 13,800%. Amazon still went up after that, it's at $2,200 per share today just over 5 years later. So it seems that even at 345 times earnings it was not egregiously priced. Then again, maybe it was egregiously priced and I just didn't expect a global pandemic to show up where everybody is sitting at home ordering on Amazon 😂
@MathSolutionsForYou
Жыл бұрын
this is an amazing video, just listening to it...such a shame that the audio was crappy
@loremipsum3625
Жыл бұрын
Can you please provide the link to the full interview?
@gabisammut
Жыл бұрын
kzitem.info/news/bejne/ro-IlqiNoKWlgH4 4:40 is the part of this vid
@loremipsum3625
Жыл бұрын
@@gabisammut thanks a lot, man 🙏
@drdrjr13
Жыл бұрын
All due respect to Mohnish Pabrai, but he is confused about the concept of intrinsic value. The intrinsic value is the true present value of all future cash flows, discounted at a minimum satisfactory return. The investor attempts is determine the intrinsic value of a business, to compare it to its price. It is mathematically impossible to do well over a long period of time, by holding a business at a price that is above its intrinsic value, unless you sell it at a price that is further overvalued. The concept of a seemingly expensive business is not the same as a business trading above intrinsic value.
@listener1000
Жыл бұрын
he alluded to a long 'runway' that justifies holding onto high valuations.
@dudea3378
6 ай бұрын
Talk about value traps, buy a more expensive microphone, preferably a LAV mic please LOL! We want to hear what you have to say, spend at least $50 on a good one.
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