Chai with Pabrai Mohnish Pabrai's Interview at the Meb Faber Show on July 28, 2023
5 snips
Sep 26, 2023 
Mohnish Pabrai, an experienced investor and founder of the Dakshana Foundation, discusses topics such as his education at Clemson University, his introduction to Warren Buffett, the importance of teaching compounding to 9th graders, holding on to high conviction bets, investing in Turkey and global markets, and his dinner with Bill Gates.
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Episode notes
Bridge Led To Buffett Discovery
- Mohnish Pabrai discovered Warren Buffett through reading and a deep interest in business and probability games like bridge.
- Bridge and investing share commonalities, reinforcing his investing approach.
Teach Compounding Early
- Teach compounding effects to 9th and 10th graders to empower lifelong wealth growth.
- Emphasize starting early, spending less, and letting investments compound without disruption.
Make Retirement Investing Opt-Out
- Make retirement contributions opt-out to ensure sustained investing growth.
- Simplify plans so funds automatically invest and discourage early withdrawals.