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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 (00:43:45) - Learning from Charlie Munger 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 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. Views expressed on Chai with Pabrai are exclusively those of Mohnish Pabrai and not of any affiliated firm or organization.

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) - SpaceX; Elon Musk (00:32:54) - The too hard pile (00:35:59) - Evaluating the management; NVR (00:39:55) - Focus: The most important mental model (00:41:20) - When to exit from a position; Impact of business moats 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 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. Views expressed on Chai with Pabrai are exclusively those of Mohnish Pabrai and not of any affiliated firm or organization.

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 (00:14:30) - Wesco Financial and Freddie Mac (00:18:08) - Wheeler Munger Partnership (00:23:03) - Tenneco Stock (00:26:30) - Difference in Pabrai Funds and Dhandho (00:28:14) - Patience is like law of physics in investment (00:31:16) - Few Bets, Big Bets, Infrequent Bets (00:42:28) - Compounding is the 8th wonder of the world (00:43:33) - Investing is for those who love to watch paint dry (00:46:43) - Time spent on analysing a company's product and services (00:50:52) - Philanthropic efforts; Dakshana Foundation (00:55:00) - Principles of value investing on diversified businesses (00:58:36) - Portfolio Diversification (01:01:03) - Work life balance (01:04:07) - Mental Models (01:07:44) - Investment in Chinese market and Circle of competence (01:09:46) - High uncertainty and high risk (01:16:55) - Extreme patience with extreme decisiveness (01:18:25) - How to network to get investment ideas (01:21:55) - Leverage (01:29:16) - Auto insurance (01:38:05) - South Korea market

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 flowers to water the weeds (00:51:21) - Costco (00:56:38) - My interactions with Charlie Munger & Warren Buffett (00:58:23) - Risk vs. Uncertainty (01:00:16) - Coca-Cola Icecek (01:01:42) - Warren's "Too Hard Pile" (01:03:01) - Circle of Competence: John Arrillaga (01:07:03) - Sam Walton: Walmart and Sol Price (01:12:18) - A power nap is good for productivity (01:15:39) - My owner's manual (01:21:52) - The Dakshana Foundation: A mathematical game (01:23:53) - Super 30: Model cloned by Dakshana (01:28:53) - Large inheritances cause more harm than good (01:31:35) - Mohnish's Blackjack System (01:37:46) - Michael Burry (01:41:21) - Rakesh Jhunjhunwala: Titan Industries (01:44:26) - Starting early to lengthen your runway (01:47:02) - Macroeconomic factors (01:47:37) - AI in investing 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 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.

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 (00:32:22) - Definition of Success (00:35:06) - Hedge Fund Fee Structure (00:43:14) - When should one start a Fund (00:50:11) - Succession plan at Pabrai Funds (00:51:10) - Mental Models with Philanthropy; Dakshana Foundation (00:59:07) - Low Risk and High Uncertainty Bets (01:05:25) - Finding your own rope during drawdowns (01:09:35) - Thoughts on current market levels 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.

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 (00:26:36) - Coca-Cola Model (00:34:22) - Mental Model on Branding (00:40:21) - Coke's Management (00:48:09) - Mental Model on How Human brains are screwed up (00:49:54) - What not to do (00:55:53) - Holy grail of investment (00:57:05) - What's a great business? (00:59:08) - What Mohnish does as value investor (01:04:07) - Biggest mistake as an investment (01:06:53) - Indexing investing (01:08:22) - Key to becoming wealthy (01:11:49) - Insurance company business (01:13:15) - Cloning (01:15:02) - Pabrai Fund Model (01:16:48) - TransTech (01:21:14) - Challenge as an investor (01:24:34) - Dakshana Foundation (01:27:35) - Portfolio Diversification (01:29:06) - Cash vs. Opportunities (01:34:17) - Businesses that Mohnish admire (01:39:35) - Doing what you love

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 allocation by Amazon and Tencent (00:43:37) - Tencent business model (00:50:24) - The bazooka Model of Pony Ma (00:57:33) - How I became a value investor (01:02:22) - Chinese tech giants and political risk (01:03:16) - Dakshana Foundation's Education Model (01:09:01) - Evolution of my investing style (01:12:58) - Mohnish's investing framework on start-ups (01:17:31) - Ali Baba (01:23:18) - Competence and edge (01:24:54) - Change in Investment strategy due to Covid (01:37:50) - Application of NLP (Natural Language Processing) in investing (01:45:10) - Up and comers in the investment sector (01:47:40) - Quality of Management (01:50:29) - Book recommendations

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 vs. Burger King (00:17:05) - The Bedrock model: Take a simple idea and take it seriously; Turkey vs. Indian markets (00:20:39) - Mental model conflicts; Circle of competence (00:23:13) - The salad oil crisis; Buffett's stake in AmEx and Disney (00:26:12) - Traits of great investors: Keep investing simple; Warren's Too Hard Pile (00:30:27) - Aksarben racetrack and Buffett's tickets adventure; Moody's Manual (00:33:02) - Japanese Company Handbook; Look for needles in haystacks  (00:34:40) - Stock market: Church with a Casino (00:38:42) - Lunch with Warren Buffett; Leverage lesson from Rick Guerin (00:41:39) - Inner scorecard vs. Outer scorecard (00:43:25) - Cash and capital allocation at Berkshire Hathaway (00:45:14) - My best investments; Investing in Turkey - Reysas & TAV Airports (00:54:57) - Active vs. Passive investing (00:57:22) - Business Moats; McDonald's & FICO (00:59:25) - Investing with AI (01:02:58) - Constellation Software Services; Mark Leonard (01:09:45) - GLP-1 (01:10:48) - Bitcoin vs. Gold (01:11:32) - Do not die at 25 and get buried at 75; Get your music out (01:15:37) - Studying great investors: Ed Thorp (01:20:45) - Ken Griffin: Citadel (01:23:01) - Advice to listeners: Lead an aligned life - My owner's manual by Jack Skeen (01:28:08) - Guy Spier's letter to me 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 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. Views expressed on Chai with Pabrai are exclusively those of Mohnish Pabrai and not of any affiliated firm or organization.

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) - The Dhandho investing: Heads I win, Tails I do not lose much (00:41:20) - Investing in AI; Do not buy shiny items (00:43:39) - How to build wealth; The Rule of 72 & The Manhattan island deal in 1623 (00:50:24) - Giving back; The Dakshana Foundation (00:53:52) - Advice to listeners 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 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. Views expressed on Chai with Pabrai are exclusively those of Mohnish Pabrai and not of any affiliated firm or organization.