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Chai with Pabrai

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Feb 23, 2023 • 1h 14min

Mohnish Pabrai speaks at Trinity College Dublin - February 21, 2019

Mohnish Pabrai lecture to Trinity Student Managed Fund at Trinity Business School, Trinity College Dublin, in Dublin, Ireland, on February 21, 2019. (00:00:00) - Introduction (00:02:59) - BULL! A history of the boom and bust, 1982-2004 by Maggie Mahar (00:03:54) - THE DOW (1896 – 2019) (00:07:52) - Market conditions when Pabrai Funds started (00:09:36) - Price matters (00:12:14) - S&P 500 (1928 – 2019) (00:12:43) - Nasdaq (1971 – 2019) (00:13:19) - Sensex (1979 – 2019); Dax (1988 – 2019) (00:13:58) - Property bubble to NIKKEI (1970 – 2019) (00:16:28) - KOSPI (1980 – 2019) (00:24:50) - Lessons from Charlie Munger and Warren Buffett (00:30:11) - Advice on Starting a Career (00:32:22) - Definition of Success (00:35:06) - Hedge Fund Fee Structure (00:43:14) - When should one start a Fund (00:50:11) - Succession plan at Pabrai Funds (00:51:10) - Mental Models with Philanthropy; Dakshana Foundation (00:59:07) - Low Risk and High Uncertainty Bets (01:05:25) - Finding your own rope during drawdowns (01:09:35) - Thoughts on current market levels The contents of this video are for educational and entertainment purposes only, and do not purport to be, and are not intended to be, financial, legal, accounting, tax or investment advice. Investments or strategies that are discussed may not be suitable for you, do not take into account your particular investment objectives, financial situation or needs and are not intended to provide investment advice or recommendations appropriate for you. Before making any investment or trade, consider whether it is suitable for you and consider seeking advice from your own financial or investment adviser.
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Feb 21, 2023 • 53min

Mohnish Pabrai’s Q&A with London School of Economics on January 18, 2023

Mohnish Pabrai’s Q&A with London School of Economics on January 18, 2023 (00:00:00) - Intro (00:01:09) - Durable Moats (00:04:34) - Coca-Cola (00:08:05) - Apple (00:08:59) - Burlington Northern Railway (00:11:04) - Patience is your most valuable asset (00:14:47) - The Quest for 100 baggers (00:16:15) - Charlie’s greatest investing mistake: Belridge Oil (00:19:33) - Reysas (00:25:36) - Japan Company Handbook (00:30:15) - Circle of competence (00:32:35) - Margin of safety (00:32:57) - Be unreasonable (00:34:18) - Be an independent thinker (00:35:52) - Cloning ideas (00:40:07) - Thou shall never use Excel! (00:41:28) - Charlie’s mental models   The contents of this video are for educational and entertainment purposes only, and do not purport to be, and are not intended to be, financial, legal, accounting, tax or investment advice. Investments or strategies that are discussed may not be suitable for you, do not take into account your particular investment objectives, financial situation or needs and are not intended to provide investment advice or recommendations appropriate for you. Before making any investment or trade, consider whether it is suitable for you and consider seeking advice from your own financial or investment adviser.  
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Feb 21, 2023 • 1h 12min

Boston College Presentation November 19, 2013

Boston College Presentation November 19, 2013 (00:00:00) - Introduction (00:01:28) - Thou Shalt Not Have an Investment Team (00:13:14) - Resources for Investment Analysis (00:20:08) - My Research and Investment Process (00:24:41) - Reviewing the Portfolio (00:28:58) - Cash Allocation in the Portfolio (00:38:09) - Circle of Competence (00:39:08) - Trade-off between Valuation and Growth (00:42:25) - Levered Businesses (00:43:19) - Investment Checklist (00:49:03) - Commodity-based Businesses (00:56:17) - Starting an Investment Career (00:59:42) - Book Recommendations (01:02:08) - Investing in Baskets of Stocks around Larger Themes (01:05:26) - Learnings from my early years   The contents of this video are for educational and entertainment purposes only, and do not purport to be, and are not intended to be, financial, legal, accounting, tax or investment advice. Investments or strategies that are discussed may not be suitable for you, do not take into account your particular investment objectives, financial situation or needs and are not intended to provide investment advice or recommendations appropriate for you. Before making any investment or trade, consider whether it is suitable for you and consider seeking advice from your own financial or investment adviser.
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Feb 21, 2023 • 1h 49min

Mohnish Pabrai Lecture at Peking University (Guanghua School of Mgmt) - Dec 22, 2017

Prof. Jiang Guohua's Value Investing Course "Compounding is the 8th Wonder of the World" (00:00:00) - Introduction (00:04:19) - Book: One thousand way to make $1000 (00:05:41) - The power of compounding (00:08:23) - Rule of 72 (00:15:58) - The  Wilson Coin Company (00:24:12) - 3 variables in Compounding (00:30:20) - Compounding @ 26% (00:36:45) - Lesson learnt from owning an Insurance company (00:39:57) - Zero management fees (00:42:48) - Guy Spier (00:45:07) - Investment outside US (India & China) (00:49:54) - Investing in Berkshire Hathaway (00:51:30) - Change in investment strategy (00:53:55) - Managing personal assets (00:56:59) - Finding the true value of a company (01:07:36) - Stop-losses are dumb (01:14:48) - My Worst Investment (01:32:26) - Circle of Competence (01:38:41) - Conviction  
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Feb 21, 2023 • 1h 8min

Leveraging Asymmetry: How to Build a Successful Business with No Funding or VCs

Mohnish Pabrai at the TiE Austin Speaker Series - Investment & Entrepreneurs on August 12, 2022 (00:00:00) - Introduction (00:02:43) - Non-Venture backed Start-ups (00:05:06) - Managing Resources for the Start-Up (00:08:24) - Advantages of beginning as a Part-timer (00:12:01) - Amar Bhide’s Framework of Entrepreneurship (00:15:34) - Identifying and Filling Offering Gaps (00:29:22) - Cloning is the Most Powerful Mental Model (00:39:16) - Investing in Hyperinflation Economies (00:45:12) - My Investing Journey (00:49:42) - The Power of Truth (00:57:19) - The Dakshana Story (01:02:48) - Lunch with Buffett
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Feb 21, 2023 • 1h 37min

Boston College, Carroll School of Management Presentation, December 3, 2015

Boston College, Carroll School of Management Presentation, December 3, 2015
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Feb 21, 2023 • 1h 5min

Mohnish Pabrai’s Q&A session with the Asian Institute of Technology, Bangkok on August 30, 2022

Mohnish Pabrai’s Q&A session with the Asian Institute of Technology, Bangkok on August 30, 2022 (00:00:00) - Introduction (00:02:13) - Rakesh Jhunjhunwala (00:06:48) - Uber Cannibals (00:17:49) - Multibaggers (00:24:07) - Key Traits of Value Investors (00:29:42) - Great Businesses vs. Great Investments (00:36:17) - Valuing a business (00:48:06) - Handling Losses (00:53:54) - When to Sell a Stock? (01:00:36) - Investing in China  
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Feb 16, 2023 • 1h 7min

Mohnish Pabrai's Q&A Session with Narsee Monjee Institute of Management Studies, Mumbai

Mohnish Pabrai's Q&A Session on Value Investing with Narsee Monjee Institute of Management Studies, Mumbai on June 16, 2022. (00:00:00) - Introduction (00:02:00) - Approaches to Value Investing (00:05:07) - The Multibaggers approach (00:08:54) - McDonald’s 60+ years of compounding (00:15:50) - Chuck Akre's Three-Legged Stool (00:16:49) - Global Multibaggers (00:21:11) - Choose your focus (00:36:29) - Is Value Investing dead now? (00:49:18) - Venture Capital Investing vs. Public Equities (00:54:01) - Passive Index Investing (01:00:07) - Handling Drawdowns
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Feb 14, 2023 • 1h 33min

Mohnish Pabrai's Q&A Session with JNV Kottayam Dakshana Scholars - Dec. 24, 2019

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Feb 14, 2023 • 55min

Mohnish Pabrai's conversation with Lauren Templeton on July 25, 2022

Mohnish Pabrai's conversation with Lauren Templeton on Zenvesting podcast on July 25, 2022 (00:00:00) - Introduction (00:01:12) - Women Investors (00:09:18) - Lunch with Buffett (00:16:05) - Relationship with Charlie Munger (00:19:45) - My Journey towards Investing (00:30:01) - My Introduction to Warren Buffett (00:33:49) - Handling the Macro-economic Factors (00:35:50) - Investing in International Markets (00:45:27) - The Dakshana Story

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