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I Spent 7 Days With The Richest Men In Texas | 10 Things I Learned
My First Million
Mohnish Pabrai's Relaxed Billionaire Lifestyle
- Mohnish Pabrai, a relaxed billionaire, prioritizes chilling in basketball shorts and no shoes. 🩴
- 🩴 Pabrai enjoys casual chai sessions with interesting people, with 1 in 10 becoming someone he wants to spend more time with.
- 🩴 "I do this from time to time. I just [...] make a really good chai. I'll just have it with random, interesting people."
- Pabrai believes investing is not a team sport and prefers making independent decisions. ☝️
- ☝️ He employs analysts for specific tasks, but he makes all investment decisions himself.
- ☝️ He seeks "hated and unloved" investment opportunities like coal, believing contrarian bets are key to success.
- Pabrai values daily naps and teaching to enhance his thinking and learning. 😴
- 😴 He's been napping daily for 30 years, believing it improves his decision-making.
- 😴 He teaches to solidify his own understanding of topics.
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