Mohnish Pabrai’s Q&A Session with MBA Students at Georgetown University – March 4, 2021
Chai with Pabrai
00:00
The RIFUN Fund
I heard about Warren Buffett and Charlie Munger and Ben Graham around 1994. I had been applying their methods for about five years with some good success. They approached me in early 99 and they said that this stock tip business is very random. And, but I also wanted to make sure that my friends did not have any kind of a negative experience. So I set up a partnership and I cloned the rules of the Buffett partnerships in the 1950s like no management fees, a 6% hurdle and so on.
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