Chai with Pabrai Mohnish Pabrai's Presentation and Q&A at Indian School of Business on July 13, 2013
Aug 9, 2023
Mohnish Pabrai, investor and founder of Pabrai Funds, discusses compounding, shameless cloning, General Motors, investing in Indian markets, and the power of micro over macro in an entertaining podcast at Indian School of Business.
AI Snips
Chapters
Transcript
Episode notes
Power of Compounding Illustrated
- Compounding is the eighth wonder of the world with wealth doubling every two to three years at 26-31% returns.
- Warren Buffett exemplifies this, having compounded money at 31% for over 44 years.
Investment Bet Strategy
- To outperform the market, make few, big, and infrequent bets with favorable odds.
- Focus on undervalued opportunities where you can double or triple your money in two to three years.
Clone Smart Investors
- Clone successful investors by buying stocks they purchase after they buy but don't copy blindly.
- Focus on investments you understand and skip those you don't.