Mohnish Pabrai at Annual Morningstar India Conference - Oct. 24, 2018
Mohnish Pabrai gives the keynote speech at the 8th Morningstar Investment Conference in Mumbai, India on October 24, 2018 and discusses the 10 Commandments of Investment Management. (00:00:00) - Introduction (00:02:05) - Commandment 1: Thou shall not skim off the top (00:04:21) - Commandment 2: Thou shall not have an investing team (00:06:24) - Commandment 3: Thou shall accept that thou shall be wrong at least 1/3rd of the time (00:07:47) - Commandment 4: Thou shall look for hidden P/E of 1 stocks (00:09:28) - Rain Industries (00:11:11) - Commandment 5: Thou shall never use Excel (00:12:06) - Commandment 6: Thou shall always have a rope to climb out of deepest wells (00:17:53) - Commandment 7: Thou shall be singularly focused like Arjuna (00:20:18) - Commandment 8: Thou shall never short (00:21:43) - Commandment 9: Thou shall not be leveraged. Neither a lender nor a borrower be (00:23:43) - Commandment 10: Thou shall be shameless cloner (00:24:08) - Lunch with Buffett (00:26:41) - Inner scorecard vs. outer scorecard (00:27:42) - Portfolio concentration (00:29:21) - Growth vs. value investing (00:30:56) - Motherson Sumi (00:31:36) - Invest in growing pies (00:34:53) - Fee structure (00:37:24) - Investing in India (00:39:44) - Poor Charlie's Almanack
10 Feb 202343min
Mohnish Pabrai In Conversation With Ajay Antony, The Physics Chamber
7 Feb 202336min
Mohnish Pabrai Lecture at Boston College (Carroll School of Mgmt) - October 8, 2020
Distinguished Speaker Series Applied Fundamental Analysis & Worldly Value investing Professor Arvind Navaratnam (00:00:00) - Introduction (00:01:13) - Bull! A history of boom and bust, 1982-2004 (00:01:32) - The Dow (1896-2020) (00:10:39) - NASDAQ (1971-2020) (00:13:23) - Nikkei (1970-2020) (00:14:30) - Kospi (1980-2020) (00:15:35) - “Old too soon, wise too late”- Charlie Munger (00:17:45) - NVR business (00:19:12) - Nick Sleep (00:22:50) - Extreme undervaluation to extreme overvaluation (00:23:42) - Great compounder or great carnival (00:25:54) - Investing failures (00:26:44) - Valueing a company (00:32:00) - Retails (00:40:42) - Where to start? (00:46:41) - Managing portfolio during pandemic (00:50:09) - Value investing is not dead (00:51:07) - Optionality in a business (00:55:08) - Long runway (00:57:30) - Identifying moats (01:00:48) - Opportunity cost (01:05:00) - Shameless Cloning (01:09:02) - Pre-investment checklist (01:11:48) - Investment in IPSCO and Turkey (01:15:57) - Kelly formula (01:19:41) - Quality of management team (01:22:29) - Advise for students
7 Feb 20231h 27min
Mohnish Pabrai's session with EO Gurgaon on January 10, 2023
Mohnish Pabrai's session with EO Gurgaon on January 10, 2023 (00:00:00) - Introduction (00:04:15) - I'm a better investor because I'm a businessman. I'm a better businessman because I'm an investor (00:05:00) - Capitalism is creative destruction (00:08:40) - Earnings reinvestment framework (00:10:58) - The importance of Spawning (00:13:07) - Control is over-rated (00:16:50) - From entrepreneur to investor (00:33:30) - Patel Motel Dhandho (00:40:42) - Book: Roy Thomson of Fleet Street; Trilogy (00:41:33) - Reysas (00:50:18) - Investment Shortcuts; cloning (00:52:35) - IIFL Wealth Management; Kotak (00:54:01) - The S&P 500 is a great choice (00:57:54) - Rakesh Jhunjhunwala (00:59:35) - Poor Charlie’s Almanack (01:07:39) - Mohnish’s Owners Manual by Jack Skeen (JackSkeen.com)
31 Jan 20231h 14min
Mohnish Pabrai’s Q&A session with students at the University of Oxford
University of Oxford Sponsored by the Oxford Alpha Fund October 19, 2021 (00:00:00) - Introduction (00:01:08) - Dhandho, Patels & Motels (00:08:25) - Capitalism is Brutal (Peter Theil) (00:10:42) - Business Monopolies (00:17:51) - Reysaş in Turkey (00:24:00) - Shorting (00:27:51) - Managing one’s own psychology (00:32:40) - Inner and outer scorecards (00:35:14) - Meeting Warren Buffett (00:43:33) - Old too soon wise too late – Charlie Munger (00:49:56) - Cloning
31 Jan 20231h 1min
Mohnish Pabrai Lecture at Boston College (Carroll School of Mgmt) - Nov 30, 2017
Distinguished Speaker Series Applied Fundamental Analysis & Worldly Value Investing Professor Arvind Navaratnam (00:00:00) - Introduction (00:02:41) - Compounding is the 8th wonder of world (00:14:12) - Wilson’s Coin Operated Company (00:22:02) - Warren’s obsession about compounding (00:24:38) - Rule of 72 (00:32:18) - Mr. Money Mustache (00:34:28) - Rate of compounding (00:39:09) - Compound 26% (00:46:22) - Mindless Cloning (00:54:11) - Comparative advantage of a Hedge fund (01:00:55) - Portfolio Management (01:06:50) - Kelly formula (01:08:59) - Thou shall not forecast recession (01:16:23) - Best source of ideas (01:20:11) - Market trends and Passive investing (01:26:53) - Doing the best job as a manager (01:33:51) - Insurance business (01:34:51) - Entrepreneur’s Advantage (01:37:44) - Investing in Commodity Businesses (01:42:33) - Technology and Investment (01:43:45) - Insights on Charlie Munger (01:48:47) - Difference in profit and non-profit world; Dakshana Foundation (01:52:47) - Advantage of being Part-time Investor
30 Jan 20231h 55min
Mohnish Pabrai’s Q&A session with Doctors Investing Group
Doctors Investing Group Interviewer: Tom Dittrich February 16, 2022 (00:00:00) - Introduction (00:01:31) - From Entrepreneur to Investor (00:06:30) - Value Investing (00:09:05) - Learning to find true value of a business (00:12:32) - Diversified vs. Concentrated Portfolio (00:14:54) - Shameless Cloning (00:17:46) - Business with spawning DNA (00:25:23) - Effect of macro events on investing (00:39:51) - Investing in foreign markets (00:44:41) - Auction driven markets (00:50:45) - Free Lunch Portfolio (00:52:11) - Dakshana Foundation
30 Jan 20231h
