I like Mohnish Pabrai a lot. I met him in Omaha. He is down to earth, not arrogant at all. His book about the Patel family is also great.
@itsmeraju8094 жыл бұрын
One video of Monish is like an encyclopedia of investing, amazing guy, you can listen to him for hours
@diegolca74 жыл бұрын
Exactly ... gonna make a checklist ASAP, never thought about it
@tuabenjamin2 жыл бұрын
💯
@Mdkabir-tq1sx7 жыл бұрын
its not about IQ its about patient and waiting for the right pitch for many years
@Mdkabir-tq1sx7 жыл бұрын
the key to investment is to protect your downsides.
@tabletalk338 жыл бұрын
Fascinating. A fine exposition of how to avoid stupid investing mistakes.
@welpen20069 жыл бұрын
His Dhandha-Book is about the Patel-Motel-concept. Not Dhandho. "Dhandha" means simply business. And "Dhan" means a larger sum of money. Usually they are speaking about 150K US-$.
@sujit3112 жыл бұрын
great wisdom.mohnish knows the real thing the real thing of investing.
@Mdkabir-tq1sx7 жыл бұрын
low risk and high uncertainty. we want free lunches, low-risk bets high return possibility.
@Mdkabir-tq1sx7 жыл бұрын
you dont make money by buying stock or selling stock but you make money by waiting
@loveanimals-01974 жыл бұрын
Does anyone know the name of his second business that he said failed?
@Mdkabir-tq1sx7 жыл бұрын
enterperior are very good in minimizing risk and comfortable with uncertainty.
@vishalbhatia807 жыл бұрын
great thoughts
@scottharrison33916 жыл бұрын
A great man.
@Mdkabir-tq1sx7 жыл бұрын
yes, no, or too difficult---98% too difficult
@SteezyMcEasy5 жыл бұрын
What year was this recorded?
@BharatJadhavssgmce11 жыл бұрын
superb speech
@Mdkabir-tq1sx7 жыл бұрын
every business needs to find out who is there ideal customers are----our who does their homework and entireperiner who made their money from business, smart, wider range of industries, they are my analysts, i call them when i need to understand any industry , best advisor cheapest price with no conflict of interest.
@Mdkabir-tq1sx7 жыл бұрын
the enterperiner principle is low risk and high uncertainty--- it should not capital. nap room.
@Mdkabir-tq1sx7 жыл бұрын
moat=competitive advantages, durable competitive advantages, strategy---its an ability of a business some types of enduring competitive advantages thAT ALLOW IT TO EARN BETTER THAN AVERAGE return over an extent period of time. some has narrow moat, wide moat, deep moat but filled up quickly. we are looking deep moat and getting deeper by the day. thats great business.
@Mdkabir-tq1sx7 жыл бұрын
i am comfortable with this probablities or not and then go ahead or not.
@gtavsmsg107 жыл бұрын
i want to become a value investor, what course can i take or books can I read to learn how to start?
@beambox14216 жыл бұрын
Rule one investing workshop (Phil Town)
@RiSo19886 жыл бұрын
gtavsmsg10 the intelligent investor, one up on wall street
@GritandGrace5 жыл бұрын
Invested podcast with phil and danielle town. There are a few books they have put out
@ishmaelsantos22754 жыл бұрын
Rishabh Somani one up on Wall Street is not value investing, it is growth investing
@aaryanmehta4609 Жыл бұрын
@@ishmaelsantos2275 they both are the same
@Mdkabir-tq1sx7 жыл бұрын
fee structure--- be a copy cut---warren charge no management fees---25% of profit after 6% hardle
@Mdkabir-tq1sx7 жыл бұрын
all investors inability to sit alone and do nothing, when the world is severly fearful then to act.
@Mdkabir-tq1sx7 жыл бұрын
we are going low risk high returns
@Mdkabir-tq1sx7 жыл бұрын
1. how can i lose money on it, 2. can i absolutely minimise my downside and upside will take care itself
@bluegtturbo Жыл бұрын
'I don't invest in tech' 😂 His biggest holding is Micron... About as tech as you can get...
@welpen20069 жыл бұрын
Although Mohnish is a good speaker, he could be a second Bernhard L. Madoff. After this scandal it's difficult to trust anybody. Although I don't think he's a cheater, but who knows?
@yogesh85d8 жыл бұрын
+Sanjay Germany any scandal after him? sorry I dont know thts why asking
@aaryanmehta4609 Жыл бұрын
Far from it my friend, far from it... thanks for the laugh
@Mdkabir-tq1sx7 жыл бұрын
we take 10 to 15 basis point a year for running costs, we take our salaries after 6% from performance fees
@Mdkabir-tq1sx7 жыл бұрын
intengible and tengible , qualitative and quantative factors to look into
@TheMarketsLive8 жыл бұрын
Mohnish wakes up late and takes so many naps not because he is wise but "fat and lazy".
@aaryanmehta4609 Жыл бұрын
But he stills compounds at 26% a year so what’s your point ? Being lazy is actually good for a long term investor
@Northstar20006 жыл бұрын
you make money buy eating curry half price
@Mdkabir-tq1sx7 жыл бұрын
only way to buy it if you understand the underline business, stay within the circle of competence, if you understand business you understand what they worth
@singh21894 ай бұрын
Great job Mohnish Sahib.
@Mdkabir-tq1sx7 жыл бұрын
vangard is great way to go, s&p500, Russel 2000, emerging market index take three put 1/3 you will be fine
@2011blueman8 жыл бұрын
Pabrai is nothing more than a self promoting parrot. While he quotes Munger and Buffett all the time, he hasn't yet figured out value investing or actually learned from them. He just copies other value investor's ideas. Every time he has tried to come up with his own ideas he has completely failed (e.g. ZINC).
@scottharrison33916 жыл бұрын
I lost money on ZINC too after Cramer had pumped it on his show.
@murarikaushik335 жыл бұрын
Agree 100% Leggo... this chap and that Guy Spier use all the jargon... but flukes and fakes. They.re also small time.
@ganeshshete37245 жыл бұрын
Even for great investors, One out of three investment ideas might fail . It’s very easy to criticize someone with benefit of hindsight. Better look at track record of 10-15 years & judge a manager. Fact is he made ~ 11x returns in 25 years which is phenomenal Happy Investing!
@ishmaelsantos22754 жыл бұрын
Murari Kaushik but guess what ??... they have more money than you
@Mdkabir-tq1sx7 жыл бұрын
durability of tech moat is many time hard
@Mdkabir-tq1sx7 жыл бұрын
i am a better investor because i am a better businessman and i am a better business man because i am a better investor
@Mdkabir-tq1sx7 жыл бұрын
average company has three set of books one for the compsny one for the gov , one for govt , one for the mistress
@Mdkabir-tq1sx7 жыл бұрын
value investor always try to protect the downside
@bluegtturbo Жыл бұрын
Very unique? That's a bit like being very pregnant...
@Mdkabir-tq1sx7 жыл бұрын
rich-- if you consistently spend less than you earn and invest in index fund you will be rich in 20 or 30 years. chances of you managers will beat the index fund is less than 1%.
@Mdkabir-tq1sx7 жыл бұрын
short selling-- maximum gain double maximum lose bankrupt.-it does not make sense to me,
@murarikaushik335 жыл бұрын
@2.50 Q. "Define moats" - A. "deep moat with lots of piranhas in it" What a load of BS. And whats he doing with his hidden right hand?