Category Archive

In this Q&A session with members of the Finance and Investment Cell at SRCC Delhi, Mohnish Pabrai explained why investors project present circumstances to infinity. Here’s an excerpt from the session: Pabrai: I think with investing the reason the error rate is high is because of…. I would say primarily … Read More

In this Q&A session with members of Babson College Fund, Mohnish Pabrai discusses how he changed his investment strategy to find more 100 Baggers. Here’s an excerpt from the session: Pabrai: I went through a a significant change on my thinking last year on that. So for most of my … Read More

During this interview with the Finance Club of IIT Patna, Mohnish Pabrai explained why great investors enjoy the hunt. Here’s an excerpt from the interview: Pabrai: So this is the Moody’s manual that Buffett used to use in the 50s. You can see it’s a very thick book, and if … Read More

During this Q&A session with the Value School, Madrid, Mohnish Pabrai discusses what to do when the price of the stock you have purchased, drops severely. Here’s an excerpt from the session: Pabrai: So for example if I took all the stocks on the New York Stock Exchange, put them … Read More

During this interview with the mint-Equitymaster Investor Hour, Mohnish Pabrai discusses the time he met Michael Burry. Here’s an excerpt from the interview: Pabrai: So in 2008 I’m making a trip to San Jose, California. Michael Burry’s fund and Michael Burry is based in San Jose, California. And I don’t … Read More

During this Q&A session with the students at JNV Lucknow, Mohnish Pabrai discussed another valuable lesson he learned from Warren Buffett and Charlie Munger. Here’s an excerpt from the session: Pabrai: I think that my view on Dakshana is that it has worked a lot better than I ever thought it … Read More

During his recent presentation at The University of Nebraska, Mohnish Pabrai discussed Warren Buffett’s twelve truly great investing decisions. Here’s an excerpt from the presentation: Pabrai: So this year in Buffett’s 2022 Shareholder Letter he had a couple of very candid and great quotes. He said, over the years I’ve … Read More

During this Q&A session with students at the JNV Pune, Mohnish Pabrai explains why you must be a continuous learning machine. Here’s an excerpt from the session: Pabrai: Different people are like different fingers in your hand. Some are tall, some are short, some are ahead of you, some are behind … Read More

During his recent interview on The Investor’s Podcast, Mohnish Pabrai explained why successful investing requires you not to touch it. Here’s an excerpt from the interview: Pabrai: So when the pioneers and the settlers were moving west to stake out and take over land and start farming it and so … Read More

During his recent interview with Equitymaster, Mohnish Pabrai provides one example of how he did very well using Ben Graham’s classic mathematical games. Here’s an excerpt from the interview: Pabrai: 2004 I ran into the steel company called IPSCO, and IPSCO was trading at about $45 a share. They had … Read More

In this Q&A session with students at JNV Bengaluru, Mohnish Pabrai discusses the time he asked Warren Buffett who he would like to have lunch with. Here is his response: I want to have lunch with Ben Franklin, so I said…no actually not Ben Franklin he said, I want to … Read More

During his recent interview with students at the Rotman School of Management, Mohnish Pabrai discussed the investing concept of ‘circling your wagons’. Here’s an excerpt from the interview: Pabrai: The concept that matters a lot is the concept of ‘circling your wagons’. So you don’t really know a business till … Read More

During this interview with the Treasury Elite Series, Mohnish Pabrai explained why investors get in the way of themselves. Here’s an excerpt from the interview: Pabrai: As you go towards more advisors and more sophisticated strategies the odds of beating the simple index go down. Charlie Munger says that if … Read More

During his recent Q&A session at the SumZero Top Stocks Investor Summit, Mohnish Pabrai discussed why Ferrari was one of his biggest mistakes. Here’s an excerpt from the interview: Pabrai: One of the biggest mistakes I’ve made over time. Guy [Spier] owns a stake in Ferrari thanks to Monish. Thank … Read More

During this Q&A session with The London School of Economics, Mohnish Pabrai discussed which Berkshire Hathaway businesses will be around in 200 years. Here’s an excerpt from the session: Pabrai: I was having a conversation with Charlie Munger a few weeks ago, and I told him Charlie the one thing … Read More

During this interview with SumZero, Mohnish Pabrai discusses how most potential investments will have some ‘hair’ on them. Here’s an excerpt from the interview: Pabrai: So I think that when you are the investor look at these things. It’s important that you weigh the factors correctly and there is some … Read More

During this interview at the Morningstar India Conference, Mohnish Pabrai explained why the margin of safety is the free lunch in investing. Here’s an excerpt from the interview: Host: In terms of your investing with a margin of safety do you have any sort of guidelines or rules around that? … Read More

During his recent interview with EO Gurgaon, Mohnish Pabrai explained how Warren Buffett maximizes his investment returns without doing any heavy lifting. Here’s an excerpt from the interview: When I first encountered Buffett and I was reading about him, what I realized is basically what he had done is that … Read More

During this interview with the Helvetian Investment Club, Mohnish Pabrai explained why it’s ok to end up with 80%-90% of your net worth in one stock. Here’s an excerpt from the interview: Pabrai: One of the things I always kind of scratch my head about is that these very smart investors … Read More

In this interview with UNC Kenan-Flagler Business School’s Investment Management Club, Mohnish Pabrai explains why investors who find themselves at the bottom of a deep well need to have a long rope to get out. Here’s an excerpt from the interview: Pabrai: So one of my principles is that when … Read More