Chai with Pabrai20 Jan 2023

Mohnish Pabrai Lecture at Univ. of California, Irvine (UCI), June 7, 2017

Few Bets. Big Bets. Infrequent Bets.

In his talk at the University of California at Irvine's Paul Merage School of Business, Mohnish discusses five decisions by Warren Buffett and Charlie Munger over a 20-year period (1968 – 1988) that moved the needle for Berkshire. Mohnish also talks about some of the intense difficulties that Warren Buffett and Charlie Munger faced along the way. No pain, no gain!

(00:00:00) - Introduction

(00:02:16) - S & H Green Stamps

(00:04:02) - Blue Chip Stamps

(00:09:44) - Diversified Retailing

(00:11:03) - See's Candy

(00:11:56) - Buffalo News

(00:14:30) - Wesco Financial and Freddie Mac

(00:18:08) - Wheeler Munger Partnership

(00:23:03) - Tenneco Stock

(00:26:30) - Difference in Pabrai Funds and Dhandho

(00:28:14) - Patience is like law of physics in investment

(00:31:16) - Few Bets, Big Bets, Infrequent Bets

(00:42:28) - Compounding is the 8th wonder of the world

(00:43:33) - Investing is for those who love to watch paint dry

(00:46:43) - Time spent on analysing a company's product and services

(00:50:52) - Philanthropic efforts; Dakshana Foundation

(00:55:00) - Principles of value investing on diversified businesses

(00:58:36) - Portfolio Diversification

(01:01:03) - Work life balance

(01:04:07) - Mental Models

(01:07:44) - Investment in Chinese market and Circle of competence

(01:09:46) - High uncertainty and high risk

(01:16:55) - Extreme patience with extreme decisiveness

(01:18:25) - How to network to get investment ideas

(01:21:55) - Leverage

(01:29:16) - Auto insurance

(01:38:05) - South Korea market

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(129)

Mohnish Pabrai's Interview with The Investor's Podcast on March 23, 2026

Mohnish Pabrai's Interview with Stig Brodersen at The Investor's Podcast on March 23, 2026. (00:00:00) - Introduction (00:00:41) - Berkshire Hathaway: Warren Buffett vs. Greg Abel (00:04:39) - G...

5 Jun 51min

Q&A session with Dakshana scholars at JNV Bangalore Urban on December 25, 2025

Mohnish Pabrai's Q&A session with Dakshana scholars at the JNV Bangalore Urban, Karnataka, India on December 25, 2025. (00:00:00) - Introduction (00:00:31) - Charlie Munger's ...

2 Jun 1h 5min

Mental Models by Mohnish Pabrai at Heilbrunn Center for Graham and Dodd Investing on April 21, 2026

Mental Models for Exceptional Capital Allocation by Mohnish Pabrai at Heilbrunn Center for Graham and Dodd Investing on April 21, 2026. (00:00:00) - Introduction (00:02:03) - Charlie Munger's men...

1 Jun 51min

Mental Models for Exceptional Capital Allocation by Mohnish Pabrai at The UNO on May 1, 2026

Mental Models for Exceptional Capital Allocation by Mohnish Pabrai at The University of Nebraska, Omaha on May 1, 2026. (00:00:00) - Introduction (00:02:11) - Charlie Munger's mental models (00...

26 Mai 1h 16min

Mental Models for Running Startups and Businesses, SXSW 2026 on March 16, 2026

Mental Models for Running Startups and Businesses, SXSW 2026 on March 16, 2026. (00:00:00) - Introduction (00:00:28) - Charlie Munger's mental models (00:01:52) - Model 1: The Bedrock model: Take...

23 Apr 45min

Mohnish Pabrai's Q&A session with Dakshana scholars at JNV Pune, Maharashtra, India on December 25, 2025

Mohnish Pabrai's Q&A session with Dakshana scholars at JNV Pune, Maharashtra, India on December 25, 2025 (00:00:00) – Introduction (00:01:09) - Charlie's mental models: Take a simple idea and t...

17 Apr 1h 6min

Mohnish Pabrai's Q&A Session with Dakshana Scholars at Dakshana Valley, Pune on December 26, 2025

Mohnish Pabrai's Q&A Session with Dakshana Scholars at Dakshana Valley, Pune, Maharashtra, India on December 26, 2025. (00:00:00) - Introduction (00:00:37) - Breaking...

17 Apr 53min

Mohnish Pabrai's Interview at the Investor's Podcast on April 25, 2023

Mohnish Pabrai's Interview at the Investor's Podcast on April 25, 2023 (00:00:00) - Introduction (00:00:54) - Poor Charlie's Almanack; handling biases (00:02:55) - Investing in Turkey (00:06:...

14 Jan 51min