AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Chai with Pabrai
Mohnish Pabrai's Q&A Session at Boston College, Carroll School of Management on October 12, 2023
Dec 18, 2023
Mohnish Pabrai, investor and author of 'The Dhandho Investor,' shares insights on investing anomalies and his experience with companies like Fiat Chrysler and Rain Industries. He discusses the importance of identifying anomalies and avoiding Excel in financial calculations. Pabrai also touches on investing in distressed industries and highlights his success in finding mispricing opportunities in Turkey. The podcast explores Warren Buffett's strategy, including his interest in Japanese trading companies, and emphasizes the significance of holding onto great businesses.
01:45:37
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Investing is about finding anomalies or mispricings in the market and focusing on undervalued businesses globally across various sectors.
- Simplicity is key in investing, distilling the essence of a business into a simple model to understand core value drivers and potential risks.
Deep dives
The Importance of Anomalies in Investing
Investing is often about finding anomalies or extreme mispricings in the market. These anomalies are rare but can have a significant impact on investment returns. The key is to identify these anomalies by looking for businesses that are undervalued or have unique circumstances that the market has overlooked. These anomalies may be found globally in both emerging and developed markets across various sectors. It is important to focus on the fundamental qualities of a business and understand the underlying factors that contribute to its potential success or turnaround.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode