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Mohnish Pabrai's Interview at Morningstar, The Investor's Mind on December 1, 2023

Chai with Pabrai

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The Mindset of Success and Resilience

This chapter delves into the nature of success through the insights gained from a friendship with Charlie Munger, emphasizing the importance of focusing on future opportunities rather than past achievements. It reflects on personal resilience shaped by childhood experiences, including financial challenges and external influences, and underscores the value of self-awareness and inner versus outer validation. The discussion promotes the idea of maintaining mental resilience amid criticism while fostering a balanced perspective that encourages continual improvement and personal growth.

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