Chai with Pabrai

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

(00:06:12) - Circle the wagons

(00:08:54) - Nifty 50 in 1970's

(00:11:51) - Rakesh Jhunjhunwala

(00:13:57) - Naspers

(00:19:09) - Shinoken; share buybacks

(00:24:08) - How has my investing changed over the years

(00:26:07) - Stock based compensation

(00:29:17) - Constellation: Mark Leonard

(00:36:43) - Handling investment mistakes

(00:40:32) - The importance of truth

(00:45:55) - Being open to discuss finances
 
The contents of this website are for educational and entertainment purposes only, and do not purport to be, and are not intended to be, financial, legal, accounting, tax or investment advice. Investments or strategies that are discussed may not be suitable for you, do not take into account your particular investment objectives, financial situation or needs and are not intended to provide investment advice or recommendations appropriate for you. Before making any investment or trade, consider whether it is suitable for you and consider seeking advice from your own financial or investment adviser.

The interview host is an investor in Pabrai Funds and therefore has a financial interest in the funds' performance, which creates a potential conflict of interest. The host was not compensated for this interview. The views expressed are those of the host and Mohnish Pabrai and do not constitute investment advice or a recommendation to invest.

Mohnish Pabrai's Session at The Investor's Podcast on April 1, 2024


(00:00:00) - Introduction

(00:01:44) - TransTech 

(00:03:39) - Managing other people's money 

(00:08:54) - My journey in investing 

(00:11:51) - The happiness equation 

(00:17:12) - Learnings from Buffett; Be a harsh grader 

(00:22:06) - The importance of truth and candor 

(00:24:06) - Bridge vs. Poker 

(00:28:59) - Infinite games 

(00:30:56) - McDonalds 

(00:34:02) - Boeing 

(00:36:12) - Processing information from books 

(00:40:24) - Pabrai Fund's track record 

(00:45:25) - The game of investing 

(00:49:20) - The Dakshana Foundation; Philanthropy


The contents of this website are for educational and entertainment purposes only, and do not purport to be, and are not intended to be, financial, legal, accounting, tax or investment advice. Investments or strategies that are discussed may not be suitable for you, do not take into account your particular investment objectives, financial situation or needs and are not intended to provide investment advice or recommendations appropriate for you. Before making any investment or trade, consider whether it is suitable for you and consider seeking advice from your own financial or investment adviser.
The interview host is an investor in Pabrai Funds and therefore has a financial interest in the funds' performance, which creates a potential conflict of interest. The host was not compensated for this interview. The views expressed are those of the host and Mohnish Pabrai and do not constitute investment advice or a recommendation to invest.

Mohnish Pabrai's Interview with Stig Broderson at the Investors Podcast on April 15, 2025.              


(00:00:00) - Introduction

(00:00:59) - Opportunity Cost

(00:03:23) - Nifty-50 in early 70's; Walmart

(00:06:54) - Advice to 40-year-olds; Long runway 

(00:12:44) - Stoic philosophy by Marcus Aurelius: Adversity is a blessing

(00:14:01) - Money vs happiness relationship 

(00:19:47) - My mathematical game: The Dakshana Foundation; Chuck Feeney

(00:25:25) - Dakshana's selection criteria

(00:29:20) - Dakshana's operational model

(00:34:22) - Business moats

(00:36:24) - Circle of competence

(00:37:50) - Warren's "Too Hard Pile"

(00:41:33) - Selecting an investment manager

The contents of this website are for educational and entertainment purposes only, and do not purport to be, and are not intended to be, financial, legal, accounting, tax or investment advice. Investments or strategies that are discussed may not be suitable for you, do not take into account your particular investment objectives, financial situation or needs and are not intended to provide investment advice or recommendations appropriate for you. Before making any investment or trade, consider whether it is suitable for you and consider seeking advice from your own financial or investment adviser.
The interview host is an investor in Pabrai Funds and therefore has a financial interest in the funds' performance, which creates a potential conflict of interest. The host was not compensated for this interview. The views expressed are those of the host and Mohnish Pabrai and do not constitute investment advice or a recommendation to invest.

Mohnish Pabrai's Fireside chat with Ben Graham Centre at the 5th European Value Investing Conference on October 14, 2025.


(00:00:00) - Introduction

(00:00:58) - Cloning is the best mental model

(00:02:14) - Human aversion to cloning

(00:04:00) - Simplicity: Highest level of intellect

(00:05:35) - Cloning the Buffett Partnerships

(00:09:38) - Learnings from Buffett and Munger: Portfolio concentration

(00:14:49) - Asymmetry in investing: Amazon

(00:16:41) - Power vs. Force: David Hawkins

(00:21:26) - The Dakshana Foundation: Cloned from Super 30

(00:27:06) - Success rate of the Dakshana Foundation

(00:29:36) - If you can happily watch paint dry, you can be a good investor!


The contents of this website are for educational and entertainment purposes only, and do not purport to be, and are not intended to be, financial, legal, accounting, tax or investment advice. Investments or strategies that are discussed may not be suitable for you, do not take into account your particular investment objectives, financial situation or needs and are not intended to provide investment advice or recommendations appropriate for you. Before making any investment or trade, consider whether it is suitable for you and consider seeking advice from your own financial or investment adviser.

Q&A session with Nisaba Godrej & Omar Momin and Dakshana Scholars at Dakshana Valley on July 25, 2025 

(00:00:00) – Introduction

(00:00:49) - How youth can build a developed nation 

(00:02:48) - Grow together, Rise together, Win together 

(00:04:57) - Excellence with character changes the world 

(00:07:51) - Big impact starts with small actions 

(00:09:47) - Private innovation for public good; Arvind Eye Care & Infinite Vision 

(00:16:26) - Listen to your inner voice 

(00:17:35) - Curiosity over curriculum 

(00:20:01) - Integrity above everything 

(00:22:08) - Better schools for brighter future 

The contents of this video are for educational and entertainment purposes only, and do not purport to be, and are not intended to be financial, legal, accounting, tax, or investment advice. Investments or strategies that are discussed may not be suitable for you, do not take into account your particular investment objectives, financial situation, or needs, and are not intended to provide investment advice or recommendations appropriate for you. Before making any investment or trade, consider whether it is suitable for you and consider seeking advice from your own financial or investment adviser.