I respond to parts of recent Mohnish Pabrai Q&As, in which Pabrai discusses his concept of being a shameless cloner investor, and how to go about it successfully. Shameless cloning means a lot more than just copying the stock buys of great investors. See below timestamps:

00:34 How to be a good shameless cloner investor

04:32 Circle of competence and market mispricings

07:51 Knowing which rabbit holes to go down

11:25 There’s always a bear market with opportunity somewhere

Related episodes:

Mohnish Pabrai: Why Great Stock Ideas Are Rare

https://youtu.be/cIasDBIkoM0

Mohnish Pabrai Buys PayPal + These Stocks for Wagons Fund

https://youtu.be/dr75eoQRvcY

Reference videos:

Mohnish Pabrai's Session with Columbia Business School (CSIMA) on February 14, 2024

https://youtu.be/ZrJA8q5Yixg

Mohnish Pabrai's Q&A at London School of Economics on January 30, 2024

https://youtu.be/1xpY7-uyPqo

Join The Art of Value Patreon community for exclusive videos and more: https://www.patreon.com/TheArtofValue

I use TIKR Terminal to help analyze great businesses, follow top investor portfolios, and help monitor my portfolio (referral link): http://tikr.com/theartofvalue

I use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (referral link):

https://www.gurufocus.com/?r=2c95d5930bb2537b2e0265075fb66581

Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

084: Power Question Series – What Hard Conversation Do You Need To Have?