Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them
Exactly! My grandparents were so frugal but they had a TON of money on both sides. I remember my grandfather telling me "you want to make money while you sleep." And I guess that attitude passed down to my dad (RIP), because I remember going to his house one day and I had bought something I really liked, so I wanted to show it to him. So I said "Look at this! Isn't it cute? It was on sale...I saved 50%!" My dad replied "Well, if you're spending, you're not saving." Obviously I had no retort, and that has always stuck with me.
Saving and investing wisely while prioritizing necessities and a few small luxuries in relation to one's total assets is a great approach. It helps ensure financial stability and I my for the enjoyment of life's little pleasures without compromising long-term financial goals. It's all about finding a balance that works for you!
Hi Mr Pabrai! Im Luca from a small city of Argentina, one day i wanna meet you! You change the curse of my life with your knowledge and share experience, thank you for everything! You make a good sign in a life of one young guy who live very very far of you!
Thanks for sharing Mohnish... Please also include Indian stocks also for analysis explanation... You may explain about exited stocks in India instead of talking about Turkey stocks repeatedly ..thanks for sharing your Wisdom
Mohnish has mentioned his not investing in India cause he does not see value there. His example of Varun Beverages vs Turkey Coke distributors is a prime example.
Pabrai Sir, I really respect and admire you. Lot of investment learnings have come from you, specially life and thoughts about Charlie. In this interview you mentioned India as a corrupt country. There are few corrupt people in the government machineries but it doesn't mean that the whole country is corrupt. Please don't label India as such.
I can't believe that the mic problem persists after so much time. Sad that a great informative speech persisted to be spoiled by such a small technical issue.
@@oz2011 That's because you didn't listen older videos, where the problem was completely unbearable. Likes to the comment above from people who remember.
I remember how things used to be years ago. It’s very bearable now. Barely noticeable, as a matter of fact, and the value was/is always there when you focus and listen.
The increasing partnerships of Revux are triggering FOMO in the best way possible. As they collaborate with more merchants, my bullish sentiments toward Revux grow stronger, anticipating significant growth in the crypto space.
Somebody has to tell me what’s going on. I hope u read the email. I can’t do anything like this. Also, anything I do gets interfered with. Anything. Idk if people don’t think about anyone other than themselves.
Bullish sentiments surround Revux, and for good reason. The project encompasses all the critical ingredients for success, from a dedicated team to strategic partnerships, positioning it as a formidable player in the crypto landscape.
Btw. Let me know if u got the reaction u wanted out of me. Just try not to make so many deadbeats feel important in the process. I just simply asked how the hell i ended up in Trinity commons.
The day this channel becomes popular among masses and becomes part of top 10 youtube channels list..the value investing will be officially dead. He is sharing all the secret ingredients. Thanks is such a small word.
Mohnish watch. Look how salty they are. They’re going to interfere with personal family business. U watch. I just asked how I ended up in Trinity commons. U watch.
Family and I don’t agree at all. But hey everyone needs to feel important. I don’t which part of hell they don’t understand. It might be helpful to grow up as well.
Choosing STAXUM reflects my belief in the paramount importance of decentralization. In a world where control is often centralized, STAXUM's commitment to a decentralized ethos aligns perfectly with my values.
The integration possibilities with Revux are vast and promising. The flexibility and adaptability of Revux technology open doors to a myriad of applications and collaborations within the crypto space.
Revux community-driven approach is precisely what the crypto space needs. The active involvement of the community in shaping the project's direction fosters a sense of shared ownership and commitment.
In 2015, Mohnish Pabrai invested in the Indian company Rain Industry. He recently sold his whole share in Rain. He had bet that it would outperform Motherson Sumi by 2030. If someone has the chance, please ask him why he sold his stock.
That sound bit helps but I need much more than that. I would have preferred if one or both parents just say something. I don’t really understand why they still need to behave like children.
Diving deeper into Revux makes me more bullish about its potential. The continuous eloration and understanding of its features, developments, and partnerships contribute to growing confidence in its success.xp
Revux partnerships serve as a testament to its credibility within the industry. Collaborations with reputable entities contribute to the overall trustworthiness and legitimacy of the Revux project.
He is already helping children who are brilliant; even without his help, they are capable of excelling in exams. Furthermore, he matches students according to the quota system in India, which contributes to the high success rate.
Millionaires and billionaires sit on their asses and just watch. Earth to people: I can’t do anything with the damn RU-vid videos like this. Please just turn it off. The people can follow me all they want. Just turn it off. I can’t do a damn thing.
I asked how I ended up in Trinity Commons Nobody in the world has an answer for me. But boy oh boy, people know to do all this shit to an innocent life.
It’s been on for so long And was dumped into the hospital I just don’t understand people who only see things their way. IMO: I’ve yet to achieve anything and yet to live a day in my life. I do not think this is just some joke. My mom was crying and they knew I was heading to the hospital. They had the hostage situation before I even finished a semester at Duke. So I’m not buying it. Something more is going on.
As soon as I finished my coursework They bursted my tires and now we still doing the dumbest shit. U should the read the email I send earlier today. Got no respect for these people.
They put salt shakers out for me But nobody in the world can tell me how I ended up in Trinity Commons. And the chip is still on and my phone brings up shit I have nothing to do with. Who chose these dumbasses to speak?
This is a disgrace sir. Everyone sits on their ass while I have to deal with all of this For no reason. Sir, I don’t want this life and would never willingly choose it.
Witnessing Revux impact on the loyalty program industry during its presale phase is genuinely thrilling. The enormous potential coupled with its strategic partnerships hint at a revolution that I'm glad to be a part of from the early stages.
Revux responsiveness to community feedback is an impressive aspect of its development. The proactive engagement with the community demonstrates a commitment to inclusivity and a willingness to adapt based on user input.
No idea of the luck you have with access to Mohnish
5 месяцев назад
@@kidneypop yeah you get to listen to Mohnish but instead you distract yourself with such small obstacles and criticise him for not providing the top quality audio as if he makes a living from youtube videos lol
