mohnish pabrai

Mohnish Pabrai in this interview with The Motley Fool talks about the fiscal cliff. Pabrai thinks that the fiscal cliff is irrelevant because you can analyze specific stocks and ignore the noise. He specifically mentions the auto industry and the financial crisis. He notes that despite real unemployment being much higher, the auto industry is thriving. The video is embedded below.

H/T Value Investing World

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