We Study Billionaires - The Investor’s Podcast Network TIP442: Investing in Stocks w/ Mohnish Pabrai
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Apr 24, 2022 
Mohnish Pabrai, a legendary value investor known for his impressive 781% return since 2000 and his philanthropic efforts through the Dakshana Foundation, sheds light on various intriguing topics. He shares insights from a personal letter from Warren Buffett and discusses investment opportunities in Alibaba and Tencent. Pabrai also explores the unique challenges of investing in high-inflation countries like Turkey and emphasizes the significance of choosing the right asset manager and understanding personal biases in investment decisions.
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Buffett's Letter
- Mohnish Pabrai received a letter from Warren Buffett praising Dakshana Foundation.
- Buffett expressed admiration for the foundation's work and humbly acknowledged being quoted in its report.
The Michelangelo Gene
- Investors like Buffett continue working because they are passionate about their craft.
- It's similar to how artists like Michelangelo are driven by the love of their art, always seeking to improve.
Pabrai's Drive
- Mohnish Pabrai finds purpose and meaning in pursuing activities he enjoys, like bridge, investing, reading, and interacting with smart people.
- His driver isn't money but leaving the world a better place and practicing investing.