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Mohnish Pabrai's Q&A Session with YPO Gold Nairobi in Kenya on October 11, 2022 

Mohnish Pabrai
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Mohnish Pabrai's Q&A Session with YPO Gold Nairobi in Kenya on October 11, 2022
00:00:00 Introduction
00:03:00 Buying Manhattan from the Native American Indians in 1626
00:09:52 My daughter's investment journey with compounding
00:12:36 Active vs. Passive Investing
00:19:38 Error rate in investing
00:26:00 Reysas
00:29:28 TAV Airports
00:31:33 Circle of competence
00:35:31 Macroeconomic factors
00:39:38 When to sell a stock
00:43:58 Intrinsic Value
00:46:14 Global investment opportunities
00:53:57 Too hard pile
00:58:15 TAV business model
01:02:19 Learning from mistakes
01:07:09 The Dakshana story
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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12 июн 2024

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Комментарии : 52   
@InvestingwithTom
@InvestingwithTom Год назад
Extremely cheap access to this kind of information is in fact the eighth wonder of the world!
@BradKaellner
@BradKaellner Год назад
By extremely cheap do you mean what you’re paying for internet access during these sessions?
@InvestingwithTom
@InvestingwithTom Год назад
@@BradKaellner yep
@khizarqureshi8840
@khizarqureshi8840 Год назад
I would call it free.
@redditreader5509
@redditreader5509 Год назад
I've noticed a lot of the Superinvestors also jump in and out of stocks eg BABA. After further reading and thought my updated approach is a Coffee Can approach but also being more diversified with 10-15 holdings vs 5 that I can buy and hold through the good and bad.
@BradKaellner
@BradKaellner Год назад
Another reason that stock pickers lag the index is poor risk management (probabilities & asymmetry). If you lose 50% you need to generate 100% just to get back to even. It’s easy to interrupt the doubles engine by going backwards (e.g. Rick Guerin)
@samnijpels5828
@samnijpels5828 Год назад
any idea how to buy TAV ?
@BradKaellner
@BradKaellner Год назад
@@samnijpels5828 Fidelity
@amirjon
@amirjon Год назад
@@BradKaellner Rick died a very very rich man and did extremely well. So he is a terrible example.
@BradKaellner
@BradKaellner Год назад
@@amirjon he would have died much richer by avoiding this one mistake that we can all learn from 😉
@77magicbus
@77magicbus 2 месяца назад
The more I hear him, the more I like him. Very authentic!
@berliozz85
@berliozz85 Год назад
It is very annoying that every video has audio issues!
@tima7116
@tima7116 Год назад
Another great lesson Mohnish...maybe some day I can buy a lunch with you...and touch your feet and you can bless my head🙂 You have taught all of us so very much! Thank You!
6 месяцев назад
Touch his feet? What the 😂😂😂
@jeremynewell9903
@jeremynewell9903 Год назад
Thank you uncle Monish. ..."I don't focus on catalysts", very interesting. 🤔
@QuantCompounder
@QuantCompounder Год назад
Great Q&A. Thanks!
@BradKaellner
@BradKaellner Год назад
Catalyst is code for impatience 🎯
@jeremynewell9903
@jeremynewell9903 Год назад
I feel like I am watching this at the same time as you and hitting on the same highlights.
@dhirajmeenavilli5508
@dhirajmeenavilli5508 Год назад
I mean doesn't it mean just knowing the reason behind and when the market is going to correct?
@qudizzle1
@qudizzle1 Год назад
Can you explain what you mean by that in this context?
@simba1608
@simba1608 Год назад
Is there any new information in this interview, compared to all the previous ones?
@kunfuucyuz
@kunfuucyuz Год назад
Thank you for the great talk as usual. Greetings from Istanbul.
@wasapme0267
@wasapme0267 Год назад
💓💓💓✍🏾✍🏿✍🏿✍🏿✍🏿✍🏿,,
@eTexperience
@eTexperience Год назад
I am an Australian with Turkish heritage and have friends who invest in the Turkish stock market just as Monish explained (gamblers). The reason for this is because casinos and gambling in general are illegal so people treat the stock market like a casino.
@tadakimasu
@tadakimasu Год назад
I've tried using god google to invest. How do you even invest in turkey from Aus? Seems all I can find are indexes and even they're quite hard to invest in.
@eTexperience
@eTexperience Год назад
@@tadakimasu they have accounts in Turkish exchanges and they are dual citizens
@adityawakhle
@adityawakhle Год назад
@@eTexperience hey can I DM you about this, or get in touch with your dual citizen friends? Primarily trying to figure out how a non Turkish citizen would set up an account in Turkey, and if the paperwork can be done online?
6 месяцев назад
That's not the reason and there are ways to gamble legally like betting etc, the real reason is there is no such thing as value investment in Turkey and people are too lazy to read and they really believe technical analysis works.
@ravneetsingh513
@ravneetsingh513 Год назад
very valuable lesson but its hard to listen this talk while driving. Please Mohnish try to record these knowledge rich lectures with good audio please please please
@christiancardona101
@christiancardona101 Год назад
Perhaps, I settled on a lower hurdle of entry in my cross country route to TAV by stumbling upon Aeroportes de Paris, whilst surfing the web on holiday in Almaty. I had previously spent some time 'researching' - in the UK - trying to solve my inability to get TAV via a broker. There is some sweet pleasantries in the ADP option and some drawbacks beyond what I am too naive, new and stupid in my ownership or journey to realise. Thanks Pabrai/The Team for the continued good content and the compounding of goodwill.
@airforceandnavyupdate3691
@airforceandnavyupdate3691 Год назад
Hello sir I love your work Maybe some day I will become so wealthy so that I can bring good change in world
@BradKaellner
@BradKaellner Год назад
Why wait?
@punjacksond
@punjacksond Год назад
is it still a good time to get into TavHL becuz the valuation seems to be reasonable even after a 4x increases 😂
@sajalsingh7768
@sajalsingh7768 Год назад
The man is a genius
@simba1608
@simba1608 Год назад
Why?
@sajalsingh7768
@sajalsingh7768 Год назад
@@simba1608 why not?
@simba1608
@simba1608 Год назад
@@sajalsingh7768 If Pabrai is a genius, in your opinion, there must be reason why, that's why I asked.
@prashant762
@prashant762 Год назад
Audio quality is poor
@sillyhead5
@sillyhead5 Год назад
The audio on this was terrible but the content was good, if not a tiny bit recycled.
@AlexA-zg7mq
@AlexA-zg7mq Год назад
I missed the boat
@wasapme0267
@wasapme0267 Год назад
💓💓💓✍🏾✍🏿✍🏿✍🏿✍🏿✍🏿,,
@zanychelly
@zanychelly Год назад
Not my thing to support dictatorships.
@dhirajmeenavilli5508
@dhirajmeenavilli5508 Год назад
I think you're buying into a company not funding the country.
@zanychelly
@zanychelly Год назад
@@dhirajmeenavilli5508 A Company that have close ties to the dictatorship there, also sending profit money towards there. Yup, I’ll pass. Good luck
6 месяцев назад
​@@zanychellythen stay poor
@zanychelly
@zanychelly 6 месяцев назад
@ sure pal, countries with dictatorships are the prime in capitalism 🤣 🤣
@sandippatel4807
@sandippatel4807 Год назад
Mohnish sir kya aap teligram use karte ho
@wasapme0267
@wasapme0267 Год назад
💓💓💓✍🏾✍🏿✍🏿✍🏿✍🏿✍🏿,,
@sandippatel4807
@sandippatel4807 Год назад
Aapke name se mere se baat karta he ek log teligram me kya aap use karte ho teligram
@wasapme0267
@wasapme0267 Год назад
💓💓💓✍🏾✍🏿✍🏿✍🏿✍🏿✍🏿,,
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