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ET Now Interview with Guy Spier over Chai and Vada Pav

I enjoyed being interviewed by ET Now at their office in Mumbai with Guy Spier. We discussed the recent decline in the Indian stock market and housing finance companies, and the problems associated with investing in levered financial institutions. We also discussed why it is important to concentrate on the value of the business and not its stock price. And we did this over some delicious Chai and Vada Pav!
 
Enjoy!
 
https://www.youtube.com/watch?time_continue=17&v=OTvzQR9KKT8

This article was originally published on Mohnish Pabrai’s blog Chai with Pabrai.
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