Mohnish Pabrai’s Q&A Session with MBA Students at Columbia Business School – March 18, 2021

Professor Anuroop Duggal’s Value Investing Class
Columbia Business School
Columbia University

(00:00:00) - Introduction

(00:03:46) - Laws of investing

(00:06:24) - Following Warren Buffett

(00:07:39) - Finding long term compounders

(00:09:05) - Early-stage businesses

(00:13:54) - 10 bagger business ideas

(00:17:30) - Copart: From Junk to Gold

(00:28:04) - Uber Cannibals

(00:33:13) - Investing is a game of probability

(00:36:43) - Ollies’ business model

(00:40:28) - Relationship with other investors

(00:47:38) - Marginal safety

(00:51:42) - My 401k plan

(00:54:35) - Businesses are fragile

(00:57:08) - Dakshana Foundation