On today’s show, Stig Brodersen talks with legend value investor Mohnish Pabrai. Since its inception in 1999, one dollar invested in the flagship fund would have turned into $13.63 vs. $6.19 for the S&P 500. In the special interview, you can join Mohnish and Stig’s metaphorical restaurant and together taste new wonderful dishes in investing and life.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
01:36 - How stock investors can truly think like the owners of the business
10:09 - Which advice would Mohnish give to himself at ages 40 and 50
20:48 - Why you should learn from your mistakes, but not too much
33:07 - Why Mohnish looks at philanthropy as part two of the ultimate game
35:41 - Why you need to work with the fewest possible variables in philanthropy
51:30 - How to look at an “execution moat”
1:00:59 - Why Stig thinks that Mohnish is over diversified
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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