Chai with Pabrai

Mohnish Pabrai's Interview with CNBC TV18 on October 22, 2026.

(00:00:00) - Introduction

(00:01:11) - Economic situation in the US; Nvidia & Apple 

(00:03:31) - Investing in Turkey vs. Indian markets; Reysas

(00:09:15) - Investing in India

(00:11:12) - Entrepreneurial strength of Indian markets

(00:12:44) - Edelweiss

(00:14:23) - The gold rush: Memory businesses in Korea - Kospi, Samsung & SK Hynix

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 a...

Mohnish Pabrai's Interview with Knowledge Inside podcast on August 19, 2026 - Episode 2.

(00:00:00) - Introduction

(00:01:54) - My journey in investing; Introduction to Warren Buffett

(00:05:07) - Starting small in investing; The rule of 72

(00:08:08) - Spend less than you earn!

(00:09:23) - My father's entrepreneurial skills; Early advantage for starting my businesses

(00:14:37) - Entrepreneurs don't take risks

(00:17:09) - Take calculated risks; Jeff Bezos & Amazon

(00:19:06) - Learnings from Charlie Munger & Warren Buffett; Consistency & Equality of humanity

(00:22:48) - Success is happiness

(00:23:36) - The Dakshana...

Mohnish Pabrai's Interview with Knowledge Inside podcast on August 19, 2026 - Episode 1.

(00:00:00) - Introduction

(00:01:41) - BCD Tofu House

(00:03:09) - Advancement in South Korea

(00:04:33) - Spend less than you earn!

(00:05:57) - Memory businesses: Samsung, SK Hynix & Micron

(00:10:08) - Micron vs. SK Hynix

(00:12:19) - The declining population of South Korea; Hyundai

(00:14:50) - Investing in S&P vs. Berkshire Hathaway

(00:17:47) - My investment checklist; Leverage, Business moats & Management teams

(00:20:18) - Hyundai vs. MasterCard

(00:22:26) - Investing in Turkey; Reysas
<...

Mohnish Pabrai's Session with Copenhagen Business School Investment Club on August 25, 2026.

(00:00:00) - Introduction

(00:01:43) - Checklist for an aspiring fund manager

(00:03:00) - Evaluating the company's management team

(00:03:56) - Micron; Oligopolistic market situations; Coke & Pepsi

(00:08:31) - The 1973-74 Nifty-Fifty crash; Walmart & The Walton Family

(00:13:57) - Investing in Turkey; Reysas

(00:24:33) - Kaspi

(00:29:00) - Portfolio concentration; The Walton Family & Bentonville, Arkansas

(00:32:59) - Constellation Software Services

(00:34:12) - Reysas Logistics & Reysas REIT

(00:39:15) - Do your own analysis; Jeff Bezos and Amazon<...

Mohnish Pabrai's Interview with Brandon van der Kolk at New Money on July 21, 2026.

(00:00:00) - Introduction

(00:00:35) - Investing in Berkshire Hathaway Class B shares

(00:03:02) - Berkshire Hathaway: Handling a trillion-dollar portfolio

(00:06:19) - Berkshire's investment in Google

(00:09:36) - The gold rush: Memory businesses; Micron

(00:12:36) - Kaspi

(00:16:19) - Your deepest desire is your destiny; Finding stocks on Value Investors Club

(00:22:15) - Invest in your highest conviction bets

(00:25:50) - How to decide about investing in a stock; Adobe vs. Kaspi

(00:28:44...

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

Prof. Jiang Guohua's Value Investing Course

"The Quest for 10-100 Baggers"

Few Bets. Big Bets. Infrequent Bets.

In his talk at the University of California at Irvine's Paul Merage School of Business, Mohnish discusses five decisions by Warren Buffett and Charlie Munger over a 20-year period (1968 – 1988) that moved the needle for Berkshire. Mohnish also talks about some of the intense difficulties that Warren Buffett and Charlie Munger faced along the way. No pain, no gain!

(00:00:00) - Introduction

(00:02:16) - S & H Green Stamps

(00:04:02) - Blue Chip Stamps

(00:09:44) - Diversified Retailing

(00:11:03) - See's Candy

(00:11:56) - Buffalo News

...

Mohnish Pabrai's Talk with Shaan Puri at the My First Million podcast on March 27, 2025.

(00:00:00) - Introduction

(00:00:28) - Why the small investor has an advantage

(00:02:51) - Investing $10K to make $1 Million

(00:08:16) - Frontline

(00:17:13) - Berkshire's 12 great decisions in 58 years

(00:18:34) - Buffett's selection process: Moody's Manual

(00:23:38) - Value Investor's Club

(00:27:33) - The Japan Company Handbook

(00:28:46) - Berkshire's investment in Japan

(00:36:13) - Thou shall not use Excel

(00:40:26) - Leverage: Rick Guerin

(00:49:00) - Do not cut the...

Mohnish Pabrai lecture to Trinity Student Managed Fund at Trinity Business School, Trinity College Dublin, in Dublin, Ireland, on February 21, 2019.

(00:00:00) - Introduction

(00:02:59) - BULL! A history of the boom and bust, 1982-2004 by Maggie Mahar

(00:03:54) - THE DOW (1896 – 2019)

(00:07:52) - Market conditions when Pabrai Funds started

(00:09:36) - Price matters

(00:12:14) - S&P 500 (1928 – 2019)

(00:12:43) - Nasdaq (1971 – 2019)

(00:13:19) - Sensex (1979 – 2019); Dax (1988 – 2019)

(00:13:58) - Property bubble to NIKKEI (1970 – 2019)

(00:16:28) - KOSPI (1980 – 2019)

(00:24:50) - Lessons from Charlie Munger and Warren Buffett

(00:30:11) - Advice on Starting a Career
...

In this talk, Mohnish discusses the three basic attributes an investor should possess to effectively beat the odds. 1. Patience 2. Decisiveness and 3.Being different from the crowd.

Mohnish reviews the multiple mental models behind Berkshire's investment in Coca-Cola. Buffett's lessons from his See's Candies investment played a major role in his decision to invest in Coca-Cola.

(00:00:00) - Introduction

(00:03:36) - Traits of successful people

(00:06:52) - How do you make investment?

(00:09:52) - Buffett's See's Candies Investment

(00:15:12) - Difference between See's candies and Coke

(00:18:51) - Long runway of Coke<...

Distinguished Speaker Series
Professor Arvind Navaratnam
October 14, 2021

(00:00:00) - Introduction

(00:02:04) - Competition is For Losers, Peter Thiel

(00:08:25) - Rain Industries

(00:12:39) - Monopolistic business models, Amazon and Google

(00:17:14) - Redoing the Spaghetti code, AWS in business

(00:19:09) - A Whale only gets harpooned only when it surfaces, Warren Buffett

(00:20:00) - AWS, cloning by Microsoft and Google

(00:24:15) - Monopolistic characteristics of giant Chinese tech companies

(00:28:19) - Tencent (under)reporting style

(00:30:24) - Naspers business model, Koos Bekker

(00:40:58) - Better capital...

Mohnish Pabrai's Interview with Shaan Puri at My First Million on May 5, 2026.

(00:00:00) - Introduction

(00:00:30) - Value investing in the US; Importance of patience in investing

(00:02:15) - Mental models: The mistress is always hotter than the wife

(00:04:58) - Introduce randomness in your life; Peter Lynch's One Up on Wall Street

(00:08:12) - Elon Musk

(00:09:42) - From admiring to executing; Sam Walton & Cloning

(00:13:24) - Tesla; Blue Origin vs. SpaceX

(00:14:10) - Randomness & Cloning; Farm Con & Kevin Van Trump to Milk road

(00:16:40) - McDonald's...

Mohnish Pabrai's Interview with Kim Kiho at Knowledge Inside podcast on June 8, 2026.

(00:00:00) - Introduction

(00:01:44) - Lunch with Warren Buffett vs. Eric Schmidt; Introduction to Charlie Munger

(00:11:47) - Impact of declining population of South Korea; SK Hynix, Samsung & Micron

(00:17:19) - KOSPI 

(00:17:57) - My Investment checklist - an inspiration from the FAA; Buffett's Dexter Shoes investment

(00:25:27) - Three most important items in a checklist; IKEA & Amorepacific

(00:31:19) - Active vs. Passive investing; Look for risk-free investments

(00:35:10) - Investing in Turkey; Reysas

(00:39:24) - T...

Mohnish Pabrai's Interview with Stig Brodersen at The Investor's Podcast on March 23, 2026.

(00:00:00) - Introduction

(00:00:41) - Berkshire Hathaway: Warren Buffett vs. Greg Abel

(00:04:39) - Greg Abel vs. Ajit Jain; Compensation at Berkshire

(00:08:15) - Investing horizon of 50-100 years; Berkshire Hathaway vs. S&P 500 index

(00:09:48) - Running my own company and team; Delegation and structuring

(00:12:34) - Pabrai Wagons ETF

(00:13:24) - Inner scorecard vs. Outer scorecard

(00:16:16) - Investing in Turkey; Micro trumps the macro

(00:18:44) - Diversification of portfolio; Walmart

(00:21:25...

Mohnish Pabrai's Q&A session with Dakshana scholars at the JNV Bangalore Urban, Karnataka, India on December 25, 2025.                       

(00:00:00) - Introduction

(00:00:31) - Charlie Munger's mental models

(00:05:40) - The Karam Yogi model; Mukesh Ambani & Jio

(00:09:45) - Books: Time travel for entrepreneurs

(00:12:01) - The Founders Podcast

(00:16:01) - Giving back through Dakshana

(00:20:29) - Upanishads: Your deepest desire is your destiny

(00:24:13) - Building Dakshana: Cloned from the Super 30 model

(00:33:32) - Follow your passion, success follows naturally

(00:35:10) - With hard work think smart

(00:36:42) - Clone smartl...

Mental Models for Exceptional Capital Allocation by Mohnish Pabrai at Heilbrunn Center for Graham and Dodd Investing on April 21, 2026.

(00:00:00) - Introduction

(00:02:03) - Charlie Munger's mental models

(00:03:54) - Model 1: The Bedrock model: Take a simple idea and take it seriously

(00:04:51) - Model 2: Ben Graham's three ideas on markets

(00:05:28) - Model 3: Do not overdose on Ben Graham; Poor Charlie's Almanack, Philip Fisher, and Pulak Prasad

(00:06:27) - Model 4: Buffett's lifetime 20-punch card

(00:07:15) - Model 5: Stay in the epicentre of your circle of competence; John Arrillaga
<...

Mental Models for Exceptional Capital Allocation by Mohnish Pabrai at The University of Nebraska, Omaha on May 1, 2026.

(00:00:00) - Introduction

(00:02:11) - Charlie Munger's mental models

(00:03:43) - Model 1: The Bedrock: Take a simple idea and take it seriously

(00:04:06) - Model 2: Ben Graham's Fundamentals

(00:04:59) - Model 3: Do not overdose on Ben Graham; Poor Charlie's Almanack, Philip Fisher, and Pulak Prasad

(00:05:16) - Model 4: Buffett's lifetime 20-punch card

(00:06:05) - Model 5: Stay in the epicentre of your circle of competence; John Arrillaga

(00:07:52) - Model 6: A high error...

Mental Models for Running Startups and Businesses, SXSW 2026 on March 16, 2026.

(00:00:00) - Introduction 

(00:00:28) - Charlie Munger's mental models 

(00:01:52) - Model 1: The Bedrock model: Take a simple idea and take it seriously 

(00:02:31) - Model 2: Truth vs. Trust; David Hawkins: Power vs. Force 

(00:05:43) - Costco 

(00:07:56) - Model 3: Your deepest desire is your destiny 

(00:09:40) - Model 4: Heads I win; Tails I don't lose much; Jeff Bezos 

(00:10:36) - How to start a business without capital 

(00:12:44) - Model 5: Be a shameless cloner; Sam Walton & Walmart and Bill...

Mohnish Pabrai's Q&A session with Dakshana scholars at JNV Pune, Maharashtra, India on December 25, 2025 

(00:00:00) – Introduction  

(00:01:09) - Charlie's mental models: Take a simple idea and take it seriously  
 
(00:03:13) - Be a Karam Yogi  
 
(00:07:12) - Focus at improving human lives: Narayana Healthcare Systems  
 
(00:10:52) - Purpose over profit always wins  
 
(00:13:47) - Inner scorecard beats outer approval  
 
(00:16:06) - Cloning: Anand Kumar and Super 30  
 
(00:19:56) - Learn to build from zero: The Origin and Evolution of New Businesses  
 
(00:23:02) - The Founders Podcast  
 
(00:28:40) - Singular focus: Dronacharya & Arjuna...

Mohnish Pabrai's Q&A Session with Dakshana Scholars at Dakshana Valley, Pune, Maharashtra, India on December 26, 2025.                             

(00:00:00) - Introduction 

(00:00:37) -  Breaking the question pattern 

(00:03:22) - Overcoming hardships through learning; YouTube & Muskan Soni 

(00:05:41) - Mental models - take a simple idea and take it seriously; Lyndon Johnson 

(00:09:57) - Upanishads - Your deepest desire is your destiny 

(00:13:43) - Belief comes before capability; Elon Musk & the reuse of rockets 

(00:18:18) - Dakshana: Cloned from Anand Kumar's Super 30

(00:30:47) - Robert Caro's books on Lyndon Johnson

(00:37:44) - Be a harsh grader while c...

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...

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...

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"

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...

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...

Mohnish Pabrai's Interview session with Steven Bartlett at The Diary of a CEO on July 13, 2025.                                                        

(00:00:26) - Cloning as a mental model; Bill Gates and Sam Walton

(00:05:11) - Entrepreneurs do not take risk

(00:09:23) - Focus on offering gaps 

(00:13:11) - Understand customer requirement; Google Glass vs. Meta

(00:16:20) - Make your business cost-effective; Walmart & LVMH

(00:18:24) - Getting your music out; Bill Gates & Paul Allen

(00:21:40) - Find the calling in your life

(00:23:54) - My Owner's Manual

(00:29:04) - Capital investment in start-ups; Sir Richard Branson

(00:36:59) - Successful...

Mohnish Pabrai's Session with Divya Narendra at SumZero on June 10, 2025.                                                      

(00:00:00) - Introduction

(00:00:57) - Berkshire Hathaway: Greg Abel 

(00:07:59) - Mag 7

(00:11:16) - Microsoft: Dinner with Bill Gates

(00:16:45) - Investing in commodities

(00:18:59) - Met Coal & Berkshire's investment in Burlington Northern Railroads

(00:23:44) - Thermal Coal vs. Metallurgical Coal

(00:26:28) - Learning from mistakes; Selling a stock

(00:28:51) - Shipping and Offshore oil drilling businesses; Nobel & Valaris

(00:32:09) - Challenges for the coal industry

(00:36:11) - Investment in Turkiye -TAV Airports; Laguardia

(00:38:25) - Indian Energy Exchange & Na...

Mohnish Pabrai's Sessions at University of Nebraska Omaha on May 2, 2025 and Heilbrunn Center for Graham and Dodd Investing at Columbia Business School on March 25, 2025.

(00:00:00) - Introduction

(00:02:20) - Walmart vs The Nifty-Fifty

(00:05:18) - Berkshire's 12 best decisions in 58 years; Ajit Jain

(00:08:05) - Nick Sleep

(00:12:06) - Learning from mistakes; Ferrari & Frontline

(00:13:30) - Rules of becoming rich

(00:16:15) - Walmart & the Walton Family

(00:17:51) - Microsoft; Steve Balmer

(00:23:21) - Coca-Cola

(00:25:32) - Evolution of strategies

(00:26:52) - Investment checklist 

(00:30:36) - C...

Mohnish Pabrai's Session with Ashoka Investment Club on April 22, 2025.

(00:00:00) - Introduction

(00:00:47) - Charlie Munger's mental models; Poor Charlie's Almanack

(00:07:38) - Cloning is the best mental model

(00:08:45) - Sam Walton & Family; Walmart

(00:10:36) - Microsoft

(00:13:31) - Bridge

(00:14:51) - Pabrai Funds: Cloned model from the Buffett Partnerships

(00:17:41) - Selecting a stock

(00:19:12) - Macro-economic factors; D-Mart & Shrimp farming in India

(00:23:32) - Circle of competence; John Arrillaga

(00:24:38) - Commodity producers; Saudi Aramco

(00:27:26) - Look for anomalies, Investing in...

Mohnish Pabrai's Interview at The Money Mindset with Sonia Shenoy on February 15, 2025.

(00:00:00) - Introduction

(00:01:20) - I am a single-player game player

(00:03:01) - My friendship with Buffett and Munger

(00:04:52) - Lunch with Warren Buffett

(00:10:39) - Rick Guerrin

(00:13:29) - Lessons learnt from Warren; The Inner scorecard

(00:18:12) - Marcus Aurelius; The stoic philosophy

(00:22:06) - Wealth is lost, nothing is lost; Health is lost, something is lost; Character is lost, everything is lost

(00:26:05) - Index Funds

(00:29:23) - Nifty-50; Walmart

(00:32:53...

Mohnish Pabrai's Q&A session with Dakshana Scholars at Dakshana Valley, Pune on December 26, 2024.

 

(00:00:00) – Introduction

(00:00:33) - Starting Without All Answers; Super 30 Model

(00:05:08) - Dakshana's breakthrough with NVS

(00:09:19) - Helping Millions Through Innovation

(00:

Mohnish Pabrai's Q&A session with Dakshana Scholars at JNV Lucknow on July 14, 2024.


(00:00:00) – Introduction

(00:00:32) - Adam Smith and David Ricardo 

(00:04:03) - Success story of India's shrimp industry 

(00:09:24) - MSP and farm laws; India vs USA

(00:14:37) - Japan's rapid post-war development

Mohnish Pabrai's Interview at the Capital Compounders Show on February 25, 2025.

(00:00:00) - Introduction

(00:00:53) - Move to Austin, Texas

(00:09:52) - Age is just a number

(00:11:27) - The Dakshana Foundation: A math game

(00:15:57) - My 4 games – Bridge, Dakshana, Compounding & Golf

(00:17:11) - Bridge with Warren & Charlie

(00:21:46) - Bridge teaches probabilistic thinking

(00:23:48) - Mosaic: Perspectives of Investing

(00:24:44) - Cloning is the best mental model: Sam Walton & Bill Gates

(00:31:29) - Sam Walton & Walmart

(00:33:23) - Compounding 

(00:35:16) - The crash of Nif...

Mohnish Pabrai's Guest Lecture at Microsoft on November 15, 2024.

(00:00:00) - Introduction 

(00:01:49) - Microsoft; Bill Gates

(00:03:19) - The future of AI

(00:04:27) - Value vs. Growth investing

(00:08:58) - IPSCO 

(00:13:13) - Reysas

(00:15:47) - Starting with value investing

(00:19:37) - My journey in investing; Introduction to Warren Buffett

(00:22:45) - Cloning ideas: Walmart & Microsoft 

(00:24:35) - Microsoft: Vijay Vashi

(00:31:51) - Find out your passion: Poor Charlie's Almanac

(00:35:42) - The Dakshana Foundation

(00:40:12) - Bill Gates' introduction to Warren Buffett

Mohnish Pabrai's Interview with John Mihaljevic at MOI Global on January 21, 2025.

(00:00:00) - Introduction

(00:01:47) - Industrial Real Estate: First Industrial

(00:06:38) - Boom and bust cycle - Oil & shipping businesses

(00:09:14) - CONSOL Energy

(00:12:08) - Coal businesses

(00:21:08) - Frontline

(00:26:03) - Micron

(00:27:48) - Portfolio concentration

(00:30:17) - Reysas

(00:31:56) - Investing in Turkiye 

(00:34:21) - Evolution in investing style

(00:35:40) - Evaluating the company's management

(00:37:48) - Capital allocation for coal companies

(00:40:55) - Risk vs. Uncertainty

(00:42:36...