Mohnish Pabrai’s Talk with the My First Million podcast on March 27, 2025
Release Date: 05/12/2025
Mohnish Pabrai’s Talk with the My First Million podcast on March 27, 2025
Chai with Pabrai
Mohnish Pabrai’s Talk with Shaan Puri at the My First Million podcast on March 27, 2025. (00:00:00) - Introduction (00:00:28) - Why the small investor has an advantage (00:02:51) - Investing $10K to make $1 Million (00:08:16) - Frontline (00:17:13) - Berkshire's 12 great decisions in 58 years (00:18:34) - Buffett's selection process: Moody's Manual (00:23:38) - Value Investor's Club (00:27:33) - The Japan Company Handbook (00:28:46) - Berkshire's investment in Japan (00:36:13) - Thou shall not use Excel (00:40:26) - Leverage: Rick Guerin (00:49:00) - Do not cut the...
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Mohnish Pabrai’s Interview at The Money Mindset with Sonia Shenoy on February 15, 2025.
Chai with Pabrai
Mohnish Pabrai’s Interview at The Money Mindset with Sonia Shenoy on February 15, 2025. (00:00:00) - Introduction (00:01:20) - I am a single-player game player (00:03:01) - My friendship with Buffett and Munger (00:04:52) - Lunch with Warren Buffett (00:10:39) - Rick Guerrin (00:13:29) - Lessons learnt from Warren; The Inner scorecard (00:18:12) - Marcus Aurelius; The stoic philosophy (00:22:06) - Wealth is lost, nothing is lost; Health is lost, something is lost; Character is lost, everything is lost (00:26:05) - Index Funds (00:29:23) - Nifty-50; Walmart (00:32:53) -...
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Mohnish Pabrai's Q&A session with Dakshana Scholars at Dakshana Valley, Pune on December 26, 2024
Chai with Pabrai
Mohnish Pabrai's Q&A session with Dakshana Scholars at Dakshana Valley, Pune on December 26, 2024. (00:00:00) – Introduction (00:00:33) - Starting Without All Answers; Super 30 Model (00:05:08) - Dakshana’s breakthrough with NVS (00:09:19) - Helping Millions Through Innovation (00:13:38) - Infinite Vision: Arvind Eye Care (00:20:53) - Trust builds unbeatable business models; Costco & DMart (00:26:43) - Your deepest desire is destiny (00:29:59) - Cloning and trustworthiness are the best mental models (00:35:45) - Power of compounding (00:41:39) - Think small,...
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Mohnish Pabrai's Q&A session with Dakshana Scholars at JNV Lucknow on July 14, 2024
Chai with Pabrai
Mohnish Pabrai's Q&A session with Dakshana Scholars at JNV Lucknow on July 14, 2024. (00:00:00) – Introduction (00:00:32) - Adam Smith and David Ricardo (00:04:03) - Success story of India’s shrimp industry (00:09:24) - MSP and farm laws; India vs USA (00:14:37) - Japan’s rapid post-war development (00:20:01) - Givers, Takers, Matchers & Dakshana (00:26:13) - Rule of 72 (00:31:53) - Robert Caro: Relentless research, unrivalled narrative (00:33:35) - Dakshana's Mission: Empowering Underprivileged Students (00:37:31) - Secret to success: Focus (00:41:42) -...
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Mohnish Pabrai's Interview at the Capital Compounders Show on February 25, 2025
Chai with Pabrai
Mohnish Pabrai's Interview at the Capital Compounders Show on February 25, 2025. (00:00:00) - Introduction (00:00:53) - Move to Austin, Texas (00:09:52) - Age is just a number (00:11:27) - The Dakshana Foundation: A math game (00:15:57) - My 4 games – Bridge, Dakshana, Compounding & Golf (00:17:11) - Bridge with Warren & Charlie (00:21:46) - Bridge teaches probabilistic thinking (00:23:48) - Mosaic: Perspectives of Investing (00:24:44) - Cloning is the best mental model: Sam Walton & Bill Gates (00:31:29) - Sam Walton & Walmart (00:33:23) -...
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Mohnish Pabrai's Guest Lecture at Microsoft on November 15, 2024
Chai with Pabrai
Mohnish Pabrai's Guest Lecture at Microsoft on November 15, 2024. (00:00:00) - Introduction (00:01:49) - Microsoft; Bill Gates (00:03:19) - The future of AI (00:04:27) - Value vs. Growth investing (00:08:58) - IPSCO (00:13:13) - Reysas (00:15:47) - Starting with value investing (00:19:37) - My journey in investing; Introduction to Warren Buffett (00:22:45) - Cloning ideas: Walmart & Microsoft (00:24:35) - Microsoft: Vijay Vashi (00:31:51) - Find out your passion: Poor Charlie's Almanac (00:35:42) - The Dakshana Foundation (00:40:12) - Bill...
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Mohnish Pabrai’s Interview at MOI Global on January 21, 2025
Chai with Pabrai
Mohnish Pabrai’s Interview with John Mihaljevic at MOI Global on January 21, 2025. (00:00:00) - Introduction (00:01:47) - Industrial Real Estate: First Industrial (00:06:38) - Boom and bust cycle - Oil & shipping businesses (00:09:14) - CONSOL Energy (00:12:08) - Coal businesses (00:21:08) - Frontline (00:26:03) - Micron (00:27:48) - Portfolio concentration (00:30:17) - Reysas (00:31:56) - Investing in Turkiye (00:34:21) - Evolution in investing style (00:35:40) - Evaluating the company's management (00:37:48) - Capital allocation for coal companies ...
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Mohnish Pabrai's session with CIBS at University of Cambridge on January 31, 2025
Chai with Pabrai
Mohnish Pabrai's session with Cambridge Investment Banking Society at University of Cambridge on January 31, 2025. (00:00:00) - Introduction (00:01:38) - Marcus Aurelius: Stoic philosophy (00:04:28) - Learning from mistakes (00:09:01) - Ignore Macroeconomic factors (00:11:57) - Value vs growth investing (00:14:58) - Investing in Turkey: Reysas (00:19:22) - Venture Capital: Bill Gurley (00:23:06) - Handling the 2008 financial crisis (00:24:12) - Skills for value investing (00:27:02) - Look for undiscovered opportunities; Warren's Swiss Army knife approach (00:30:22) -...
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Mohnish Pabrai's Talk with GreenHaven Road Partners Fund on October 29, 2024
Chai with Pabrai
Mohnish Pabrai's Talk with GreenHaven Road Partners Fund on October 29, 2024. (00:00:00) - Introduction (00:02:08) - Public Charity status of the Dakshana Foundation (00:04:04) - Feedback loops in Capitalism and Philanthropy (00:09:27) - The Dakshana Foundation model: The inversion impact (00:12:09) - Indian Institute of Technology (IIT) (00:14:13) - Ashok T Kumar: Dakshana Scholar who ranked 63 at IIT (00:18:36) - Operating Mechanics of the Dakshana Foundation (00:19:55) - All India Institutes of Medical Sciences (AIIMS) (00:21:13) - The Dakshana journey (00:23:56) -...
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Mohnish Pabrai's Guest Lecture at University of Nebraska, Omaha on October 15, 2024
Chai with Pabrai
Mohnish Pabrai's Guest Lecture at University of Nebraska, Omaha on October 15, 2024. (00:00:00) - Introduction (00:02:02) - Charlie Munger: Costco (00:05:35) - Warren's rejection of opportunities on moral grounds (00:08:27) - Conwood Chewing Tobacco (00:13:52) - Valeant Pharmaceuticals (00:18:10) - Credit Acceptance (00:23:58) - TransDigm (00:30:23) - Berkshire's investment in Gen Re (00:32:38) - Charlie Munger is irreplaceable (00:36:18) - Berkshire Hathaway after Warren Buffett (00:37:44) - Early start to investing journey (00:40:17) - My daughter's introduction to...
info_outlineMohnish Pabrai’s Talk with Shaan Puri at the My First Million podcast on March 27, 2025.
(00:00:00) - Introduction
(00:00:28) - Why the small investor has an advantage
(00:02:51) - Investing $10K to make $1 Million
(00:08:16) - Frontline
(00:17:13) - Berkshire's 12 great decisions in 58 years
(00:18:34) - Buffett's selection process: Moody's Manual
(00:23:38) - Value Investor's Club
(00:27:33) - The Japan Company Handbook
(00:28:46) - Berkshire's investment in Japan
(00:36:13) - Thou shall not use Excel
(00:40:26) - Leverage: Rick Guerin
(00:49:00) - Do not cut the flowers to water the weeds
(00:51:21) - Costco
(00:56:38) - My interactions with Charlie Munger & Warren Buffett
(00:58:23) - Risk vs. Uncertainty
(01:00:16) - Coca-Cola Icecek
(01:01:42) - Warren's “Too Hard Pile”
(01:03:01) - Circle of Competence: John Arrillaga
(01:07:03) - Sam Walton: Walmart and Sol Price
(01:12:18) - A power nap is good for productivity
(01:15:39) - My owner's manual
(01:21:52) - The Dakshana Foundation: A mathematical game
(01:23:53) - Super 30: Model cloned by Dakshana
(01:28:53) - Large inheritances cause more harm than good
(01:31:35) - Mohnish’s Blackjack System
(01:37:46) - Michael Burry
(01:41:21) - Rakesh Jhunjhunwala: Titan Industries
(01:44:26) - Starting early to lengthen your runway
(01:47:02) - Macroeconomic factors
(01:47:37) - AI in investing
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