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Mohnish Pabrai’s Q&A Session with Students at Indiana Univ. Kelley School of Business -April 1, 2021 

Mohnish Pabrai
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00:00:00 Introduction
00:05:10 Investment checklist
00:10:06 Circle of competence
00:14:05 Shipping Industry
00:28:19 Portfolio Management
00:30:30 US Markets vs. Other markets
00:33:02 Short selling
00:38:06 Research process
00:40:09 Holding a stock
00:42:55 Cinches, Feet on the desk and awesome destinations
00:53:43 Pre-investment checklist
00:56:10 Kelly formula
00:58:17 Scenario analysis
01:00:02 Hurdle rate
01:01:52 Philanthropic initiative; Dakshana Foundation
01:06:45 When wealth is lost
01:10:20 Best trait of an investor; Patience
01:12:55 Lunch with Warren Buffett
01:16:15 Starting of Pabrai Funds
01:20:28 Investment Strategy
01:21:35 Learning from mistakes
01:24:00 Career Advice
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.

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4 июл 2024

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Комментарии : 69   
@Unrealdruiddd
@Unrealdruiddd 3 года назад
Man, if someone was sitting with their feet up on their desk I would turn around and leave. I still have a lot to learn...
@alexinvests
@alexinvests 3 года назад
Go to work for someone you like, admire and trust. Normal tendency is for graduates to gravitate to name brands. What matters more is that you like what you are doing and who are you doing it with. Great advice at the end!
@knowledge_seeker_
@knowledge_seeker_ 3 года назад
I eagerly wait for your video uploads, it's a lucky weekend for me :) Thanks for your timeless & valuable lessons! 🙏🏻
@vvgandhi1978
@vvgandhi1978 3 года назад
It's always worth to spend time on his videos .. ❤️
@marcb934
@marcb934 3 года назад
Mohnish, it is a real pleasure listening to you. Thx.
@vaibhavsingh4780
@vaibhavsingh4780 3 года назад
He was awarded the KPMG award.. Also He was recently banned from Vegas Casinos for major blackjack winnings 😂😂😂
@PickingNuggets
@PickingNuggets 3 года назад
How many golden nuggets! Thanks Mohnish
@LearningWithAnishSrinivas
@LearningWithAnishSrinivas 3 года назад
Thank you Mohnish, that cinch mental model was an eye opener. :)
@financesimplifiedyt
@financesimplifiedyt 3 года назад
Thank you for your lessons. You're my inspiration!
@rajayadav3166
@rajayadav3166 3 года назад
An ocean of learning and insides is our Pabrai sir. He always adds values in our mind . An unbaised communicator and teacher. Love your style of padding yourself !!! You are my mentor (Guru) and love to see once in my life. God bless you!!
@stevem6942
@stevem6942 3 года назад
Thanks Mohnish, always enjoy the stories of chats with Charlie!
@RolfStumpfRailMedia
@RolfStumpfRailMedia Год назад
I appreciated especially your comments on the shipping business. I learned my lesson last year when I was too bullish with a certain shipping company and ended up with a ridiculous price. I've done better since and increased my exposure on shipping (bulk, LNG and ferries) and learning a lot on the way. Thank you for sharing your insights with us Mr Pabrai 🙏
@qaisurrehman
@qaisurrehman 3 года назад
Thank you Mohnish for sharing your Knowledge.
@bhupathireddyoruganti3687
@bhupathireddyoruganti3687 3 года назад
Thanks Mohnish for sharing your wisdom so generously..
@ConvergenceTrader
@ConvergenceTrader Год назад
Love from Bihar, India 💛
@robwolfe6120
@robwolfe6120 3 года назад
Hi Mohnish. Thanks for continuing to share these talks.
@crd1247
@crd1247 3 года назад
If you want to become wiser then "read, read and re-read", this is the only way to do that.
@1percentRule
@1percentRule 3 года назад
I agree
@marioalvarez5288
@marioalvarez5288 3 года назад
I love the music! Thank you for everything you do
@warrenfans5004
@warrenfans5004 3 года назад
After long time, nice to see you
@nicklynem1247
@nicklynem1247 3 года назад
Thank you for sharing!
@hbp4851
@hbp4851 3 года назад
Dear Mr.Pabrai...thanks for thinking the way you do and thanks for sharing....regards Sorabh
@prateeknema9524
@prateeknema9524 3 года назад
You interview is like lessons of value investing sir ...
@villurikishore7779
@villurikishore7779 Год назад
Excellent questions and brilliant answers.
@dishantkumar77
@dishantkumar77 3 года назад
Really appreciate ,your education Sir,it is very enriched in deep value
@rv21consulting
@rv21consulting 3 года назад
Another priceless class!!!!
@havrenne
@havrenne 3 года назад
I lost it at " but for a cheapskate like me, you know... at 15x earnings you lost me", hahaha
@hityagi
@hityagi 3 года назад
Mohnish sir thanks for such great Insight. plz tell us name of website from where we can check shipping rates ?
@sppcc2006
@sppcc2006 3 года назад
Love this man.
@thewarrenbuffettspreadsheet
@thewarrenbuffettspreadsheet 3 года назад
The shipping dynamics Mohnish describes sounds like what we have today. Old fleet, low rates, increased scrap prices, higher oil demand, new regulations that limits new building. A nice setup?
@TheMongolianWay
@TheMongolianWay 3 года назад
Yes. Monish doesnt seem to going for it this time.
@rickfool1452
@rickfool1452 2 года назад
shhh
@thewarrenbuffettspreadsheet
@thewarrenbuffettspreadsheet 3 года назад
A cup of chai with Pabrai
@jaibholanath955
@jaibholanath955 3 года назад
Sir I am a big fan of your in India
@kuntaldutta3123
@kuntaldutta3123 4 месяца назад
Great analysis sir We are grateful to you Mahnish pabrai we love you all ❤❤❤❤❤❤❤❤
@huy3864
@huy3864 2 года назад
I agree about circle of competence, I just starting out and I think I have an edge in some areas. But when I start looking around others than my circle, I really freaked out, cause although I do know 1 or 2 things, it just not enough to put money in companies I don't have confidence over
@sanjibanichoudhury7517
@sanjibanichoudhury7517 3 года назад
Thank you for going into such detail in shipping industry. Would love to hear more of such past investments in details, even losses too. Great learning lessons
@qaisurrehman
@qaisurrehman 3 года назад
i like the music, where can i find it
@l4k
@l4k 3 года назад
Monish, maybe you can try dollar cost average on these amazing businesses like costco...
@sebidsweiland
@sebidsweiland 3 года назад
At 1:19:38 - what does Pabrai say? Laudible track record? Auditable track record? Can't understand the word. Thanks!
@biskit7
@biskit7 3 года назад
He was lucky to get out of Frontline... I rode that puppy to the bottom. Lost 90%..
@qaisurrehman
@qaisurrehman 3 года назад
the questioners should go through his previous presentations and avoid asking repeated questions. He has mentioned how he goes with picking up stock a thousand time and you go back asking him again...?
@bleacherz7503
@bleacherz7503 2 года назад
Hi Monish - how’s the biking / weight loss going?
@dudebro97
@dudebro97 3 года назад
Does anybody know the story behind the Gogia Pasha poster? It seems like a strange counter to the Munger bust...
@josemourinho8907
@josemourinho8907 3 года назад
He is Mohnish’s grandfather.
@amirjon
@amirjon 3 года назад
"For the individual or institution really out to make a fortune in the stock market it can be argued every sale is a confession of error" - Thomas Phelps.
@SFreedberg1
@SFreedberg1 3 года назад
I wonder what two business Pabrai has that he considers cinches. It's hard to know since he invest a lot outside of the U.S.
@jigarsaraiya1428
@jigarsaraiya1428 3 года назад
NICE Holdings Co Ltd Sunteck Realty Ltd Rain Industries Ltd Edelweiss Financial Services Ltd Reysas Tasimacilik ve Lojistik Shinoken Group Co Ltd List of the companies where he is invested currently outside USA...still I have to listen video but usually he talks about last 2 companies from above list
@josemourinho8907
@josemourinho8907 3 года назад
@Jigar saraiya where can one find such information?
@waltmcneil7770
@waltmcneil7770 3 года назад
who wants to watch this
@1jazztypeguy
@1jazztypeguy 3 года назад
The problem I have with most investors that are seemingly doing well, is that they definitely dodge when asked what do they do specifically when it comes to becoming competent in a particular industry or when you ask them about how they approach valuation.
@BradKaellner
@BradKaellner 3 года назад
Golden opportunity to buy RYSAS? Or start of implosion?
@ims7865
@ims7865 3 года назад
when did he buy rysas first?
@RudraSharmaCA
@RudraSharmaCA 3 года назад
Interesting apparently they're doing rights offering? So stock dilution. Presumably Pabrai funds can participate on those rights so they can double down.
@maithem212
@maithem212 3 года назад
Wow, you found it as well! From what I see price is close to his lower entry area, initiated ~Aug 2020. However I'm trying to wrap my head around what an investment in Turkey would look like, and whether I'd rather invest in nanocaps in North America, where the landscape is much more familiar. What are your thoughts?
@ims7865
@ims7865 3 года назад
@@maithem212 what brokers rysas?
@maithem212
@maithem212 3 года назад
@@ims7865 "RYSAS" is the ticker of the Turkish logistics company, which I believe Pabrai has alluded to investing in
@l4k
@l4k 3 года назад
Never sell a business for non-business reasons
@rajrsa
@rajrsa 2 года назад
Topics: How to find opportunities? Circle of competence Holding forever VLCC and Frontline investment (Shipping containers) Buying and holding forever. Is it a cinch? Are the feet of the CEO on the table? Need of extreme patience Is the business getting better? Is the moat getting deeper? Watching paint dry Running Dakshana where outcomes can be measured Meeting Warren Buffett The most important decision you'll make in life is who you marry - Warren Buffett Starting a fund You can only learn by doing with a meaningful portion of your assets Biggest mistake - setting up a holding company and acquiring insurance businesses and then unwinding Go to work for someone you like, admire and trust. What do you really like to do? What would allow you to maximize your potential and accelerate your learning?
@jayencarnacion2478
@jayencarnacion2478 2 года назад
14:13 58:15
@KumarRajput1322
@KumarRajput1322 2 года назад
सर जी बडा दुर्भाग्यपूर्ण है कि भाषा की बजह से आपके विचार और विश्लेषण को हम नहीं समझ पाते बहुत खेद होता है। क्या करें।। आपका चैनल एक बहुत बडें व्यक्ति अयान सर जी ने बताया था पर क्या करें।। 😔😔😔😔😒😒🙂🙂🙂🙏🏽🙏🏽🤨
@gauravrai5784
@gauravrai5784 3 года назад
Shameless cloner
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