Mohnish Pabrai Lecture at Peking University (Guanghua School of Mgmt) - Dec 22, 2017

Prof. Jiang Guohua's Value Investing Course
"Compounding is the 8th Wonder of the World"
00:00:00 Introduction
00:05:18 Book: One thousand way to make $1000
00:06:50 The power of compounding
00:09:47 Rule of 72
00:17:50 The Wilson Coin Company
00:26:41 3 variables in Compounding
00:33:30 Compounding @ 26%
00:40:48 Lesson learnt from owning an Insurance company
00:44:21 Zero management fees
00:47:25 Guy Spier
00:50:07 Investment outside US (India & China)
00:55:20 Investing in Berkshire Hathaway
00:57:05 Change in investment strategy
00:59:55 Managing personal assets
01:03:20 Finding the true value of a company
01:14:40 Stop-losses are dumb
01:22:30 My Worst Investment
01:42:00 Circle of Competence
01:48:35 Conviction
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.

[@PeterGormsen]

This is so amazing. Thank you so so much Mohnish. I have watched all your videos several times and they have made such an impact. I hope you see this so you understand how much it means that you upload these videos. Sincerely, Peter

[@itsonlymusic1]

Every time I find one of your talks, it's like Christmas! Thanks for sharing, Mohnish!

[@MultiQuangtrung]

Thank you Sir for sharing your lectures and your wisdom to the public, my life, my children lives and my followed generations will benefit greatly from your generosity. Thank you so much

[@jaiswalpratham5144]

Thank you MOHNISH SIR for such a nice presentation.....anxiously waiting for for more such videos

[@karanahavan]

I always enjoy your interviews and talks it's very helpful to understand investing..many many thanks to you..i am reading books you mentioned in your talks ..plz keep suggesting other books ..

[@joshfenech496]

What a great presentation. Great questions as well. Thank you!

[@ivanlopes5816]

Thanks again, to share your knowledge, dear Monish!!

[@Michael_NV]

Mohnish Sir, you are my best friend, mentor and source of inspiration. You are personalized wisdom of Charlie, Warren, Li Lu and Mohnish combined. I'm in debt to you that no honest man could ever pay. Once when I find good idea, you'll be first to know.

[@leopolddb9955]

The guy nodding his head in the second row is great. It's very pleasant to see someone attentively listening to the talk and taking in the points.

[@TONYJAI001]

Nice to meet you Mohnish. I am glad that I was here. Your presentation was terrific:)

[@abhi-ft7sk]

TonyJai hello I am abhijit m New to investment would u plz give some technique about investing

[@washfi]

Abhijit Ghosh ..Read books...

[@prosperize]

Abhijit Gosh read "the education of a value investing", "dhandho investor" , "the little book that beats the market" , "the buffet way", "rich dad poor dad " etc

[@Xyz19781i]

love this guy

[@TV-og5en]

Are you really Mohnish? Really the legendary man?

[@nikunj150188]

Good learnings from this session. Moutai - Gānbēi

[@sambapasola3659]

Fantastic Q&A

[@darshansudhakar2659]

Amazing questions by audience

[@The_Good_Bad_Ugly]

Thank you Mohnish !

[@ConvergenceTrader]

Love from Bihar, India 💛

[@saro4761]

One of my favorite investors. Thanks Mohnish

[@Cloninginvesting]

❤1. Simple ideas 2. Intensity

[@thyrathlach634]

Thank you very much.

[@srikantgarg8064]

Awesome

[@vinayakd1131]

Hi Mohnish sir April 2018 onwards in India long term capital gain will be 10 % applicable , what’s your input on this?

[@vidya014]

Mental Models: ## A. “Rule of 72s A1. For Interest Compounding: No Business involved, No Profit Reinvesting involved. Such as SAVING, FD. A2. For Dividend Compounding. ## B. Rule of 36s = For Stock's Intrinsic Value Compounding, With Profit Reinvesting Back Into Business, Without Taking Into Account WACC. ## C. Rule of 50s = For Stock's Intrinsic Value Compounding, With Profit Reinvesting Back Into Business, With Taking Into Account WACC.” ~ Total Reset ~

[@ZONA_ZERO_OFFICIAL]

❤️❤️❤️🐍👑

[@mihirbanerjee133]

Kindly Sir I didn't understand fund flow statement calculate from company annual report can u help me

[@ZONA_ZERO_OFFICIAL]

❤️❤️❤️❤️🐍👑

[@gauravrai5784]

I have seen

[@saurabhd8247]

Hi Mohnish, why did you choose KRBL and why not LT Foods??

[@sabyasachirimpa]

You will have your answer after 5 years.

[@ArupGuhaideasanctuary]

he likes four letter words

[@prosperize]

Read the annual report you will find out

[@ratiranjansahoo3895]

Volume is very low. Please make audible

[@RangerV8]

Krbl actually went down 20 odd percent after this dude bought it

[@tutejaarjun]

This is great. You can buy it now and get better returns that Mohnish. #Cloning

[@wilfriedvomacka1783]

I can't catch the indian broker name. Please, could you write it for me? Thank you

[@gauttamnayak7958]

Its KOTAK MAHINDRA BANK

[@wilfriedvomacka1783]

@@gauttamnayak7958 Thank you!

[@SandeepPatil-bt9ep]

take a simple idea is quote from swami vivekanad i have 100 % proof

[@NieJestemHardkorem]

1:23:11

[@gokulraj13]

10 dislike God bless them

[@stevejurgens9836]

Mohnish Pabrai is a con artist