Detroit filed for the largest municipal bankruptcy in the history of the U.S. on Thursday, July 18, 2013. Detroit’s financial woes are not a recent phenomenon — the city has been in a steady state of decline for years now.
Check out this infographic on the decline of Detroit below
Earlier this month, value investor Mohnish Pabrai took part in a Q&A session with William & Mary College students. Q3 2021 hedge fund letters, conferences and more Throughout the discussion, the hedge fund manager covered a range of topics, talking about his thoughts on valuation models, the key lessons every investor should know, and how Read More