Mohnish Pabrai on Investing and Life Lessons (TIP719)

Legendary value investor Mohnish Pabrai shares his successful investment strategies and life lessons with Stig Brodersen. Pabrai's fund has substantially beaten the S&P 500 since its inception.

What you’ll learn here:
00:00:00 - Intro
00:00:56 - How stock investors can truly think like the owners of the business
00:09:48 - Which advice would Mohnish give to himself at ages 40 and 50
00:20:38 - Why you should learn from your mistakes, but not too much
00:33:23 - Why Mohnish looks at philanthropy as part two of the ultimate game
00:38:05 - Why you need to work with the fewest possible variables in philanthropy
00:54:04 - How to look at an “execution moat” 
01:03:50 - Why Stig thinks that Mohnish is over diversified 

Transcript & Guest Info: https://www.theinvestorspodcast.com/e...

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▶️ Related Episodes:
Mohnish Pabrai's Inner Scorecard:    • Mohnish Pabrai's Inner Scorecard (TIP628)  
Mohnish Pabrai on The Power of Compounding:    • Mohnish Pabrai on The Power of Compounding...  
Investing Wisdom from Mohnish Pabrai | Interview w/ William Green:    • Investing Wisdom from Mohnish Pabrai | Int...  

📖 Books Mentioned:
Competition Demystified by Bruce Greenwald and Judd Kahn: https://amzn.to/3GCWdqm
The Billionaire Who Wasn't by Conor O'Clery: https://amzn.to/4lOCQL4

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Free PDF: Investing for Beginners: 4 Principles of Stock-Picking: https://www.theinvestorspodcast.com/s...

⚠️ Disclaimer: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.

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