Mohnish Pabrai's Interview at the Investors Podcast on April 15, 2025

Mohnish Pabrai's Interview with Stig Broderson at the Investors Podcast on April 15, 2025.

00:00:00 Introduction
00:00:57 Opportunity Cost
00:03:21 Nifty-50 in early 70's; Walmart
00:06:51 Advice to 40-year-olds; Long runway
00:12:42 Stoic philosophy by Marcus Aurelius: Adversity is a blessing
00:13:59 Money vs happiness relationship
00:19:45 My mathematical game: The Dakshana Foundation; Chuck Feeney
00:25:23 Dakshana's selection criteria
00:29:17 Dakshana's operational model
00:34:20 Business moats
00:36:22 Circle of competence
00:37:47 Warren's "Too Hard Pile"
00:41:30 Selecting an investment manager

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The interview host is an investor in Pabrai Funds and therefore has a financial interest in the funds’ performance, which creates a potential conflict of interest. The host was not compensated for this interview. The views expressed are those of the host and Mohnish Pabrai and do not constitute investment advice or a recommendation to invest.