Mohnish Pabrai's Q&A Session at Boston College, Carroll School of Management on October 12, 2023 

Im part of that gang. I commented on one of his youtube interviews and he noticed.

So I have invested in Micron largely on Pabrai's thesis. I was somewhat surprised when he sold his position in the company, but I remain invested. The one bit of information that he leaves out, and maybe it's not significant, is that Samsung did come around to cutting their memory production. Maybe its still not enough of a cut for Mohnish to think they came back to their senses.

What do you mean 'go to other sources'.? Do you have it, Can you pass the full video. I really want to know the Coal thesis.

nice observation

I hear this a lot but I think Berkshire are doing great. Twenty years ago it was about 80,000 dollars a share, now it's 550,000 dollars a share. If we leave out that weird company Lindt & Sprüngli AG, the second dearest shares in the world, then a Berkshire share is worth nearly x100 times more than any other company share in the world. In the twenty years it's been 'not performing', a Berkshire share has increased in price by nearly x100 times the current share price of any other company in the world (save one). Also, when people say it hasn't performed for 20 years they are not working out the earnings power or intrinsic value of Buffets companies, they are looking at the market price. If they listened to Buffet better, they wouldn't consider market price a fair gauge of Berkshire's performance. And even if we are talking about Berkshire's stock price, it's not going so bad lately, a double in the last 3 years for example. The 50% a year growth Buffet says he'd get if he was working with 10 million in small caps just won't happen in Berkshire unfortunately, it's just too big, and a 7x in twenty years is well below the 20x or so we see in Microsoft say, but half a million dollars a share is hardly struggling. It's been performing just dandy for over 50 years now and it's set up so well that it's probably going to keep performing for the next 50 years as well. If it performs as well as it did over the last 20 years it will be worth about 60 million dollars a share at a rough guess. I might still be alive then and when I was born they were about 250 quid, that'll be a 240,000X in my lifetime, pull up your socks Buffet, lol.

Pulak Prasad, he is a great book too!

Obviously, PE is over the top