“Compounding is the 8th Wonder of the World” – Lecture & Q&A at Peking University

“Compounding is the 8th Wonder of the World” – Lecture & Q&A at Peking University – Dec. 22, 2017

3/27/2018

I very much enjoyed visiting the campus of Peking University's Guanghua School of Management with Guy Spier and Monsoon Pabrai to give my second lecture entitled “Compounding is the 8th Wonder of the World.”

The presentation was followed by a rich Q&A session on a diverse range of topics. The lecture covered my favorite subjects – compounding, Rule of 72 and Warren Buffett. Enjoy!

https://www.youtube.com/watch?v=z74NaYRyMJo&t=6564s

1 Comment

Asaf Polturak link

3/30/2018 09:21:30 pm

Dear Mohnish,
You have been mentioning several times how important it is if debt in an investee is recourse (it is in your checklist).
I don't understand what you mean by that exactly - I was under the impression that debt in a public company cannot have recourse to public shareholders. Is it only relevant for companies with several subsidiaries that have debt at the subsidiary level and you are concerned one subsidiary might "sink the entire ship" ?

“Compounding is the 8th Wonder of the World” – Lecture & Q&A at Peking University – Dec. 22, 2017

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