Capital Compounders Show The Dhandho Investor: A Conversation with Superinvestor Mohnish Pabrai
In this engaging conversation, Mohnish Pabrai shares insights into his life, investment philosophy, and the impact of his work with the Dakshana Foundation. Pabrai discusses his recent move to Austin TX, the design of his library, and reflections on turning 60. Pabrai emphasizes the importance of compounding, cloning in investing, and the significance of maintaining a concentrated portfolio. He also highlights the value of games like bridge in enhancing probabilistic thinking, and the role of share buybacks in wealth creation.KEY TAKEAWAYS:
- Mohnish believes that playing bridge enhances one's skills in probabilistic thinking; beneficial for investing
- Cloning successful investment strategies is a fundamental part of Pabrai's approach
- Identifying compounders takes time and often reveals their true value only after ownership
- Concentration in a portfolio can lead to significant wealth accumulation over time
- Share buybacks can be a powerful tool for enhancing shareholder value when executed wisely
#investing #stocks #personalfinance #wealth #podcast
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