We Study Billionaires - The Investor’s Podcast Network

Classic 22: Life and investing w/ Mohnish Pabrai

Nov 25, 2022

In this engaging discussion, Mohnish Pabrai, a notable value investor and founder of the Dakshana Foundation, shares wisdom from his friendship with Charlie Munger. He reveals how he employs a checklist for informed stock investing and discusses his unique approach to philanthropy, aiming for the highest returns on charitable donations. Their conversation also dives into the significance of education for underprivileged students and the sustainable impact of well-planned philanthropic efforts.

55:03

Episode guests

Mohnish Pabrai

Highlights

AI Chapters

Episode notes

Slow Thinking in Investing

01:31

Importance of Avoiding Self-Pity and Maintaining Perspective

01:32

The 2% Formula and the Million Dollars a Year

01:32

Empowering Underprivileged Youth through Education

01:34

Intro

2min

The Psychology of Investing: Biases and Wisdom

16min

Investment Insights and Industry Shifts

5min

Uncovering Hidden Compounders

13min

Exploring the Prestige of IITs and Travel Experiences

4min

Metrics and Morals in Philanthropy

16min

Empowering Education Through Philanthropy

4min

IN THIS EPISODE YOU’LL LEARN:

01:43 - What Mohnish has learned from his friendship with Charlie Munger.
10:24 - Why and how Mohnish Pabrai uses his checklist in stock investing.
33:25 - How Mohnish Pabrai uses his investor mindset to give to charities with the highest possible return.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Mohnish Pabrai's Reading List.
Learn more about Mohnish Pabrai’s Dakshana Foundation.
Mohnish Pabrai’s website.
Larry Cunningham’s book, The Essays of Warren Buffett – Read reviews of this book.
Mohnish Pabrai's book, The Dhandho Investor.

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