Chai with Pabrai

Mohnish Pabrai's Presentation and Q&A at MDI, Gurgaon on December 22, 2015

Jul 12, 2023
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INSIGHT

Cyclical Nature of Market Bubbles

  • Stock market bubbles tend to occur roughly every 38 to 40 years, each triggered by new industries becoming the focus of exuberance.
  • This cyclical pattern shows that correct predictions about growth cannot guarantee investment profitability during these bubbles.
ANECDOTE

Discovering Super 30 Education Model

  • Mohnish Pabrai discovered Super 30’s powerful model of nurturing top-tier Indian students after reading a Business Week article in 2006.
  • Despite initial resistance, he committed to supporting and scaling this impactful education initiative.
ADVICE

Avoid Predicting Bubbles Timing

  • Avoid trying to predict exactly when a market bubble will burst; it's mostly impossible.
  • Focus on investments that are clear no-brainers to reduce risk despite market uncertainties.
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