When it comes to investing, there’s one fundamental truth: the less certainty you have about future cash flows, the more speculative your investment becomes. Mohnish Pabrai, in his November 2024 guest lecture at Microsoft, put it bluntly: “So investing becomes more and more speculative and away from what we would … Read More
Why Mohnish Pabrai Puts Nvidia, Tesla & Palantir in the “Too Hard” Pile
Investing is often shrouded in complexity, with analysts and retail investors alike trying to predict the future of companies like Nvidia, Tesla, and Palantir. But according to legendary value investor Mohnish Pabrai, most of these stocks belong in what Warren Buffett calls the “too hard” pile—a concept that could save … Read More
Warren Buffett’s Mindset – Would You Hold This Stock if the Market Closed for 5 Years?
During the 1997 Berkshire Hathaway Annual Meeting, Warren Buffett explained why he focuses more on the intrinsic value of businesses rather than market trends or capital flows. He dismisses the significance of who is buying or selling securities or macroeconomic indicators, such as market signals or Federal Reserve actions, as … Read More