Navigating Market Downturns: The Frontline Experience

Episode 705: Shaan Puri ( https://x.com/ShaanVP ) sits down with Mohnish Pabrai ( https://x.com/MohnishPabrai ) about how to turn $10K into $1M.  

Show Notes:

(0:00) Simple = Genius

(28:00) Never over-leverage

(30:30) Risk vs uncertainty

(33:00) Too hard pile

(35:30) Be 1 inch wide, 1 mile deep

(39:00) Learn from losers

(43:30) A case for napping

(48:00) Having an owner’s manual

(53:00) Dying with zero

(1:10:00) India’s Greatest Investor

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Links:

• Want to invest like a Billionaire? Get Mohnish's investment playbook: https://clickhubspot.com/mnp

• Value Investors Club - https://www.valueinvestorsclub.com/ 

• Japan Company Handbook - https://tinyurl.com/489czpkp 

• Dakshana - https://www.dakshana.org/

• BJ21 - https://bj21.com/

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Check Out Shaan's Stuff:

• Shaan's weekly email - https://www.shaanpuri.com 

• Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents.

• Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies!

Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC

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Check Out Sam's Stuff:

• Hampton - https://www.joinhampton.com/

• Ideation Bootcamp - https://www.ideationbootcamp.co/

• Copy That - https://copythat.com

• Hampton Wealth Survey - https://joinhampton.com/wealth

• Sam’s List - http://samslist.co/

My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano