Chai with Pabrai

Mohnish Pabrai, value investor and founder of the Dakshana Foundation, discusses his introduction to Warren Buffett, the power of cloning as a mental model, examples of successful cloners like Microsoft and Walmart, the importance of portfolio concentration, and the risks of diversification. He also shares insights on improving probabilistic thinking, capital allocation, and macro-economic factors in investing.

Mohnish Pabrai, investor and author of 'The Dhandho Investor,' shares insights on investing anomalies and his experience with companies like Fiat Chrysler and Rain Industries. He discusses the importance of identifying anomalies and avoiding Excel in financial calculations. Pabrai also touches on investing in distressed industries and highlights his success in finding mispricing opportunities in Turkey. The podcast explores Warren Buffett's strategy, including his interest in Japanese trading companies, and emphasizes the significance of holding onto great businesses.

Mohnish Pabrai, investor and author, talks about the power of compounding and the importance of starting early. He discusses the story of Chuck Feeney, a billionaire philanthropist, and shares his journey of investing. Pabrai also touches on entrepreneurship vs. investing, index investing, and handling macro risks in business.

Mohnish Pabrai, an investment fund manager, answers various intriguing questions at Mendoza College of Business. Topics discussed include when to sell a stock, starting Pabrai Investment Funds, Berkshire's twelve great decisions, identifying compounders, Charlie's mental models, cloning Chipotle vs. Baja Fresh, Fiat Chrysler, NVR, and the decline of bridge. The insightful conversation also touches on Warren Buffet's recent investments in Japanese trading companies, the auto industry, McDonald's French fries, and the future vision for funneling capital towards social causes.

Mohnish Pabrai, an investment fund manager and entrepreneur, discusses various topics including his unique 'heads I win, tails I don't lose much' investing philosophy, the importance of taking calculated risks and the entrepreneurial mindset, his journey from failed ventures to successful business, his experience of starting with $100,000 and growing it to around $900 million, the concept of reprogramming and cloning successful models, his lunch with Warren Buffett, planning for wealth disbursement and finding the best charity, the importance of measuring the impact of charitable donations, improving education outcomes, surrounding oneself with high-quality individuals, the success story of the Davis family, private market investing, and the role of leverage.

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.

Mohnish Pabrai, investment fund manager and founder of Pabrai Investment Fund, discusses topics including his foundation, buying Iowa farm land, when to sell a stock, investing in India, and the impact of value investing on personal life.

Mohnish Pabrai, investor and founder of Pabrai Funds, discusses compounding, shameless cloning, General Motors, investing in Indian markets, and the power of micro over macro in an entertaining podcast at Indian School of Business.

Mohnish Pabrai's Presentation and Q&A at MDI, Gurgaon on December 22, 2015.   (00:00:00) - Introduction (00:04:43) - The Motors bubble - 1921 (00:06:56) - The Tronics bubble - 1959-62 (00:08:23) - The Dot com bubble - 1997-2000 (00:16:10) - The 1973-74 Nifty-Fifty crash (00:19:00) - Tesla vs. GM (00:21:07) - Netflix vs. Micron (00:26:11) - Go Pro (00:33:04) - Creation of stock market bubbles (00:55:01) - Super 30: Anand Kumar (01:00:34) - The Dakshana Foundation (01:05:39) - Warren's Too Hard Pile (01:07:52) - John Arrillaga's small circle of competence (01:09:15) - My daughter's introduction to compounding (01:16:22) - Tom Gayner (01:19:56) - Microcap vs. Large cap (01:25:06) - Focus on micro than macro (01:35:04) - Portfolio concentration

Mohnish Pabrai's Q&A with members of the Finance and Investment Cell at SRCC, Delhi on June 14, 2023.   (00:00:00) - Introduction (00:02:25) - Investing basics in school curriculums (00:05:58) - Investing in improving yourself (00:12:21) - Dhandho investing; Jugaad (00:15:30) - Employment opportunities in India vs the US (00:19:55) - Moving from passive investing to active management (00:23:33) - Handling investing mistakes (00:24:39) - Nvidia (00:26:30) - Microsoft (00:31:51) - Democratizing investing (00:33:56) - Better off focussing on the micro versus the macro (00:41:46) - Quality is more important than quantity (00:44:08) - ESG (00:47:28) - Venture Capital (00:52:27) - Bill Gates