Chai with Pabrai

Mohnish Pabrai's Q&A Session with JNV Kottayam Dakshana Scholars - Dec. 24, 2019

Feb 14, 2023
Listen in as a speaker tackles the inclusion of humanities in a technical scholarship program, emphasizing the complexities involved. The critique of IITs suggests a need for educational diversity beyond engineering and medicine, highlighting alternative paths to success. Discover a fascinating journey from engineering to investment, underscoring the importance of self-education. The discussion on ambition reveals stark contrasts between students' mindsets, while strategies for academic success and the value of pursuing passion over mere profit round out this insightful conversation.
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ADVICE

Dakshana Focuses on Poverty Alleviation

  • Focus on the Dakshana scholarship program's objective of poverty alleviation via engineering and medical education.
  • Pursue interests like literature or arts outside IIT through clubs or later self-study rather than via Dakshana.
ANECDOTE

Early Startup Success and Failure

  • Mohnish Pabrai started two companies early that had different outcomes: one failed with minimal cost, the other succeeded and generated significant wealth.
  • He learned money is not needed to start; brains matter more, and big money can amplify mistakes.
ANECDOTE

Ben Franklin's Lifelong Curiosity

  • Ben Franklin made major scientific and political contributions despite no formal science education.
  • He was intellectually active throughout life, illustrating lifelong learning and multiple talents.
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