Chai with Pabrai

Professor Jiang Guohua's Students
"Compounding with the Spawners"
(00:00:00) - Introduction
(00:04:41) - Choices for an investor
(00:09:58) - The Path to Multi-Baggers
(00:13:35) - Spawners
(00:30:40) - The $50 Billion Rule
(00:33:57) - Pabrai Spawning rules
(00:36:46) - Set it and forget it
(00:42:58) - Conglomerates vs. Spawners in Emerging Markets
(00:43:52) - Fake Spawners
(01:06:27) - Core traits of Spawners
(01:19:12) - CMGI
(01:22:54) - When wealth is lost
(01:25:24) - Costco; Seritage
(01:29:18) - Entrepreneur's Advantage
(01:33:07) - Leverage and Debt

Knowledge Speakers Series
May 12, 2021
(00:00:00) - Introduction
(00:04:03) - Value vs Growth Investing
(00:29:23) - Investments in India
(00:38:25) - Learnings from Warren Buffett and Charlie Munger
(00:43:19) - Dakshana Foundation
(00:48:18) - Impact of COVID on businesses
(00:52:03) - Indian hotels business
(00:56:28) - What's a great business?
(00:58:17) - How to select Best Value Proposition?
(01:07:58) - Unicorns in India
(01:12:57) - Mohnish's schedule
(01:17:31) - Death and Rebirth business
(01:23:03) - India's growth and market

This event was sponsored by the LBS Investment Management Club and the LBS Indian Students Club
(00:00:00) - Introduction
(00:02:47) - Changes in our Economy post-COVID
(00:08:21) - Entrepreneur's Advantage
(00:15:11) - Advise to New Investors
(00:19:37) - Inner Scorecard
(00:24:09) - Evaluating Management
(00:30:42) - Investment in Graftech
(00:38:56) - Portfolio Construction
(00:43:46) - Mumbai Real Estate
(00:49:27) - Impact of Exchange Rate on Investments
(00:52:51) - Learnings from Nick Sleep

NUS MBA Finance Club, NUS Business School January 19, 2022
(00:00:00) - Introduction
(00:02:43) - Captive Finance Company
(00:13:38) - Funeral Business
(00:22:49) - Investment in IPSCO
(00:26:53) - High Uncertainty, Low risk; High returns
(00:27:32) - Silicon Valley Bank
(00:34:46) - Power of compounding
(00:36:01) - Value investing is not dead
(00:38:30) - Investing as treasure hunt
(00:42:58) - Lessons from Warren Buffett
(00:45:43) - Investment in Alibaba and China
(00:48:28) - Chuck Akre; 3-legged stool

Mohnish Pabrai's Q&A Session on Value Investing with Narsee Monjee Institute of Management Studies, Mumbai on June 16, 2022.
(00:00:00) - Introduction
(00:02:00) - Approaches to Value Investing
(00:05:07) - The Multibaggers approach
(00:08:54) - McDonald's 60+ years of compounding
(00:15:50) - Chuck Akre's Three-Legged Stool
(00:16:49) - Global Multibaggers
(00:21:11) - Choose your focus
(00:36:29) - Is Value Investing dead now?
(00:49:18) - Venture Capital Investing vs. Public Equities
(00:54:01) - Passive Index Investing
(01:00:07) - Handling Drawdowns