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How to Live a Life According to Money
CNN's Richard Quest is a self-confessed money connoisseur. He says he has learned to live his life according to the principles of power versus force. Quest: We subconsciously can know if a person is lying, pattern recognition, whatnot. There's just something there and we don't really like to be around that person. If you want to build trust, you have to make a commitment to the truth said Quest.
On today’s show, Stig Brodersen talks with legend investor Mohnish Pabrai. In the interview, Mohnish Pabrai generously shares his investment framework and touches on various stocks, including Alibaba, Constellation Software, Reysas Logistics, and Shinoken. Disclaimer: Stig Brodersen is invested in Pabrai Funds.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro.
01:35 - How to stay objective when you get advice from someone you admire and like
04:56 - Why the Turkey stock market is attractive
10:05 - Mohnish Pabrai’s four steps to read annual reports
27:22 - What happened to Shinoken, one of Mohnish Pabrai’s previous holdings
40:56 - Mohnish Pabrai’s thoughts on Constellation Software and Mark Leonard
49:44 - Mohnish Pabrai’s thoughts on Alibaba
54:48 - How to live a truthful life
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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