Chai with Pabrai Mohnish Pabrai's Q&A session with Dakshana scholars at the JNV Bangalore (Rural) on December 24, 2023
Apr 23, 2024
Discover the power of compounding through engaging anecdotes and surprising encounters with Warren Buffett. Explore the complexities of educational funding and the caste reservation system in India while overcoming challenges in supporting underprivileged students. Learn about cloning successful business models and personal growth sparked by notable investors like Peter Lynch. An exciting investment opportunity in a Turkish company demonstrates market potential, blending the pursuit of passion with the thrill of financial strategies.
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Avoid Seeking Revenge
- Do not seek revenge; life is too short for it.
- Ignore enemies and minimize time spent with them.
Accidental Investor Inspired by Buffett
- Mohnish discovered investing accidentally through Warren Buffett at age 30.
- He was inspired by the power of compounding and Buffett's simple investing approach.
Compounding Powers Wealth Growth
- Compounding at 26% doubles money every 3 years, leading to tremendous growth over decades.
- Longevity in compounding is the key to wealth creation.
