Charlie Munger Told Mohnish Pabrai – An Investor Only Needs To Do Three Things (Video)

Johnny HopkinsMohnish Pabrai, Resources1 Comment

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Mohnish Pabrai is Managing Partner of Pabrai Investment Funds. Pabrai started with $1 million in 1999, and the Pabrai Funds has grown to over $400 million in assets under management.

Pabrai also wrote The Dhandho Investor: The Low-Risk Value Method to High Returns, which is a comprehensive value investing framework for the individual investor.

Back In January of 2013 Pabrai did an interview with The Motley Fool in which he disclosed what he’d learnt from his meetings with Warren Buffett and Charlie Munger. It was during his meeting with Munger, that Munger said, “If an investor just did three things, the end results would be vastly better than the rest.”

Following is his interview with The Motley Fool, which is only 5:08 minutes long, pay special attention at 3:43 minutes where Pabrai discusses Munger’s three things that investors should do to vastly improve their results.

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