Mohnish Pabrai's Session with MIT's Brass Rat Investments on March 12, 2024

Mohnish Pabrai's Session with Massachusetts Institute of Technology's Brass Rat Investments on March 12, 2024.
00:00:00 Introduction
00:01:58 Berkshire's 12 great decisions in 58 years
00:05:02 See's Candies vs. Coke
00:11:51 Burlington Northern Santa Fe Railroad
00:16:50 The Intrinsic value of a stock
00:20:48 Learnings from Charlie Munger
00:27:20 The Dakshana Foundation
00:33:13 Sergio Marchionne: Fiat Chrysler
00:38:55 Identifying investment opportunities
00:47:31 Finding Anomalies; Seinfeld: Is this anything?
00:52:52 Investing in Turkey; Coca-Cola Icecek
00:56:24 A day in my life
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.

[@lucamorelliappendino]

Hi Mr Pabrai! Im Luca from a small city of Argentina, one day i wanna meet you! You change the curse of my life with your knowledge and share experience, thank you for everything! You make a good sign in a life of one young guy who live very very far of you!

[@Levi_Crypto1]

Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them

[@TRRecordEntertainment]

Exactly! My grandparents were so frugal but they had a TON of money on both sides. I remember my grandfather telling me "you want to make money while you sleep." And I guess that attitude passed down to my dad (RIP), because I remember going to his house one day and I had bought something I really liked, so I wanted to show it to him. So I said "Look at this! Isn't it cute? It was on sale...I saved 50%!" My dad replied "Well, if you're spending, you're not saving." Obviously I had no retort, and that has always stuck with me.

[@EverettgrayOliver]

Saving and investing wisely while prioritizing necessities and a few small luxuries in relation to one's total assets is a great approach. It helps ensure financial stability and I my for the enjoyment of life's little pleasures without compromising long-term financial goals. It's all about finding a balance that works for you!

[@SimplyBitcoin-k1t]

very true, a huge part of my portfolio growth has come during this bear market. I've been able to scale from $180K to $572K in a short period of time.

[@CoachStone-py3kb]

How do you do that? I'm interested

[@SimplyBitcoin-k1t]

Thanks to my co-worker (Mark) who suggested Mrs Sofia Rachel

[@alm9368]

Thank you very much Mr. Pabrai. I always learn a lot (both about life and about investing) from your conferences.

[@kidneypop]

So blessed to be able to access this sort of information from people like Mohnish who want everyone to flourish

[@deveshdabriwal7251]

I love how we can learn about the life, perspective and insights of great people such as Mr. Munger, Mr. Buffet and Mr. Pabrai from a single video.

[@darksidetraining9815]

I’ve listened to all your videos, thanks for posting. The part of your reading habits was new and helpful.

[@johnbwill]

Thank you Monish ... for this 1st class education - and all at no cost, other than our time. You are deeply appreciated , by many.

[@jagannathanm212]

Pabrai Sir, I really respect and admire you. Lot of investment learnings have come from you, specially life and thoughts about Charlie. In this interview you mentioned India as a corrupt country. There are few corrupt people in the government machineries but it doesn't mean that the whole country is corrupt. Please don't label India as such.

[@kirtir91]

Amazing! That piece about the coke bottler Vs the macro was eye opening 🙏🏻 Sachin

[@universalmeditation8631]

Congrats on your 100K subscribers.

[@XOPOIIIO]

I can't believe that the mic problem persists after so much time. Sad that a great informative speech persisted to be spoiled by such a small technical issue.

[@oz2011]

Great interview, nothing spoiled except for the person making the comment above.

[@XOPOIIIO]

@@oz2011 That's because you didn't listen older videos, where the problem was completely unbearable. Likes to the comment above from people who remember.

[@oz2011]

I remember how things used to be years ago. It’s very bearable now. Barely noticeable, as a matter of fact, and the value was/is always there when you focus and listen.

[@user-pl5zx4sp5c]

Mohnish is cheap. Thats why

It looks like you are making excuses to stay poor lol

[@elsaleung2447]

Hi Mo- Great park is calling you. 😂 So great to see/hear you sharing your valuable and generous knowledge and insights. All the best, Elsa

[@varunjain5789]

Always a pleasure..

[@PickingNuggets]

Congrats on the 100k Mohnish 🎉

[@pragunsagunveer491]

गुरू जी प्रणाम

[@lunchinvesting]

Thank you for sharing Mohnish 🥳

[@lukeslingher6043]

This was another great session.

[@shibbubhai-fx3ys]

The precision in Cyberopolis's development roadmap is reassuring.

[@JeanCharlesEvrard]

Was the reading list published somewhere? I'd love to see it

[@howsitgoing84]

Would you try a lapel mic? I feel like it would help with the audio.

[@JeramyKevin-yn4ti]

Revux partnerships serve as a testament to its credibility within the industry. Collaborations with reputable entities contribute to the overall trustworthiness and legitimacy of the Revux project.

[@NeerajMandloi-hs3uu]

Cyberopolis's vision for decentralization is inspiring.

[@BalaraRihanna]

Cyberopolis's responsiveness to community feedback is impressive.

[@SteveMartin-nf6ve]

Diving deeper into Revux makes me more bullish about its potential. The continuous eloration and understanding of its features, developments, and partnerships contribute to growing confidence in its success.xp

[@dhireshparab5190]

The day this channel becomes popular among masses and becomes part of top 10 youtube channels list..the value investing will be officially dead. He is sharing all the secret ingredients. Thanks is such a small word.

[@nicholaskithinji274]

No time when value investing will be dead, this is a movement

[@RAOSAHABFF-]

The adaptability of Cyberopolis to market changes is a key strength.

[@swapniljagtap2583]

Thanks for sharing Mohnish... Please also include Indian stocks also for analysis explanation... You may explain about exited stocks in India instead of talking about Turkey stocks repeatedly ..thanks for sharing your Wisdom

[@ravinarayan5273]

Mohnish has mentioned his not investing in India cause he does not see value there. His example of Varun Beverages vs Turkey Coke distributors is a prime example.

[@Vishnu-pj8om]

Cyberopolis's consistent progress updates show dedication.

[@BrianJermaine-rm6xj]

Choosing STAXUM reflects my belief in the paramount importance of decentralization. In a world where control is often centralized, STAXUM's commitment to a decentralized ethos aligns perfectly with my values.

[@georgeclowney1133]

What institution is refered to here (1:01:16)?

[@abdullah-dc5yh]

🔥🔥

[@Cloninginvesting]

❤❤

[@user-oo3bx8yd7r]

Cyberopolis's approach to data security is unparalleled.

[@Rahu5457]

He is already helping children who are brilliant; even without his help, they are capable of excelling in exams. Furthermore, he matches students according to the quota system in India, which contributes to the high success rate.

[@user-ji1du7mi2s]

Cyberopolis's strategic collaborations hint at a bright future.

[@RonaldDallas-yp6hm]

The integration possibilities with Revux are vast and promising. The flexibility and adaptability of Revux technology open doors to a myriad of applications and collaborations within the crypto space.

[@derrickadam1026]

My parents are on their side too. A real head scratcher. Hell is that way.

[@nakulmeravinakulmeravi7156]

Cyberopolis's competitive edge could redefine its market segment.

[@user-hs4jv7jh5r]

In 2015, Mohnish Pabrai invested in the Indian company Rain Industry. He recently sold his whole share in Rain. He had bet that it would outperform Motherson Sumi by 2030. If someone has the chance, please ask him why he sold his stock.

[@KevinJoseph-jx7xy]

Revux community-driven approach is precisely what the crypto space needs. The active involvement of the community in shaping the project's direction fosters a sense of shared ownership and commitment.

[@JoshuaThomas-qe8vv]

Revux responsiveness to community feedback is an impressive aspect of its development. The proactive engagement with the community demonstrates a commitment to inclusivity and a willingness to adapt based on user input.

[@AlexBALLOONS]

Mohnish is the best!

[@RebeccaNorma-ht7py]

Bullish sentiments surround Revux, and for good reason. The project encompasses all the critical ingredients for success, from a dedicated team to strategic partnerships, positioning it as a formidable player in the crypto landscape.

[@RussellSteven-rw7xd]

Witnessing Revux impact on the loyalty program industry during its presale phase is genuinely thrilling. The enormous potential coupled with its strategic partnerships hint at a revolution that I'm glad to be a part of from the early stages.

[@derrickadam1026]

I asked so many people for help Before it was even turned on and we’re still in the same position.

[@derrickadam1026]

Hey btw Could u play a sound bit with my favorite cousin?

[@EugeneMatthew-id9cg]

The increasing partnerships of Revux are triggering FOMO in the best way possible. As they collaborate with more merchants, my bullish sentiments toward Revux grow stronger, anticipating significant growth in the crypto space.

[@vaibhavsingh4780]

The voice quality is little uneven.

[@AntoniaBonnie-vy3zy]

Revux potential: echoing in the corridors of crypto curiosity

[@HepCatJack]

The advice he gave to the young student to pay attention as to where she spends her money is right out of Peter Lynch's investing philosophy.

[@AdarshKumar-uu2rb]

The integration possibilities with Cyberopolis are endless.

[@derrickadam1026]

“Vincent price is killing me. Vincent price is killing me.” - 1 yr ago. Can someone please tell me what’s going on?

[@PatrickRobert-oq4ym]

Revux enthusiasts, pioneers of the crypto frontier!

[@derrickadam1026]

It’s been on for so long And was dumped into the hospital I just don’t understand people who only see things their way. IMO: I’ve yet to achieve anything and yet to live a day in my life. I do not think this is just some joke. My mom was crying and they knew I was heading to the hospital. They had the hostage situation before I even finished a semester at Duke. So I’m not buying it. Something more is going on.

[@SurajKumar-cx3fb]

Cyberopolis has the potential to outperform many in the current market.

[@derrickadam1026]

That sound bit helps but I need much more than that. I would have preferred if one or both parents just say something. I don’t really understand why they still need to behave like children.

[@derrickadam1026]

Sir. U have to speak to my parents. I bought the ticket for my mother to come. They can stay at a hotel and we can speak in public.

[@derrickadam1026]

Parents can't even show me love, what the fuck I want to be Greatest of All-Time?

[@derrickadam1026]

I ended up in Trinity Commons without an explanation That means: I’m living someone else’s life and As far as I’m concerned: it’s the end all be all.

[@derrickadam1026]

Frustration? That’s so so unfair to me.

[@derrickadam1026]

It has to be turned off. I can’t live even.

[@derrickadam1026]

As soon as I finished my coursework They bursted my tires and now we still doing the dumbest shit. U should the read the email I send earlier today. Got no respect for these people.

[@derrickadam1026]

They put salt shakers out for me But nobody in the world can tell me how I ended up in Trinity Commons. And the chip is still on and my phone brings up shit I have nothing to do with. Who chose these dumbasses to speak?

[@derrickadam1026]

Can I ask What exactly is the expectation of me if I can’t do anything? And my parents treat me like an inanimate object.

[@derrickadam1026]

Btw. Let me know if u got the reaction u wanted out of me. Just try not to make so many deadbeats feel important in the process. I just simply asked how the hell i ended up in Trinity commons.

[@derrickadam1026]

Somebody has to tell me what’s going on. I hope u read the email. I can’t do anything like this. Also, anything I do gets interfered with. Anything. Idk if people don’t think about anyone other than themselves.

[@prashant762]

Audio is not good. Mic needs to be reviewed. It is annoying to see audio issues when great personality is speaking

[@derrickadam1026]

How the same people are available 24/7 to do this Only “Police took him to work,” knows.

[@derrickadam1026]

These women haven’t gotta clue Mohnish. In the first 26 years, if that’s not enough suffering I have no idea.

[@derrickadam1026]

The day the first two women spoke Will live in infamy.

[@derrickadam1026]

I want to ask my parents R u clowns? Ur son does not agree.

[@derrickadam1026]

Honest to god I have chest pain They need to seriously seriously take it easy.

[@derrickadam1026]

It’s the same damn people Mohnish. If it was a new person ever so often Then ok But wtf these people have on my life?

[@derrickadam1026]

Yo. Both Bodo and Vipin said they got guardianship.

[@derrickadam1026]

It is ok sir. When the fruits of my labor bear, I will only remember this. Not worth a damn in this lifetime.

[@derrickadam1026]

If everything is under control Why is my mom crying?

[@derrickadam1026]

Excuse my language But it’s the dumbest shit happening to me. Like dude - do they know they gotta face me someday?

[@derrickadam1026]

Coronavirus Hostage Kick the boy out How u still alive?

[@derrickadam1026]

Millionaires and billionaires sit on their asses and just watch. Earth to people: I can’t do anything with the damn KZbin videos like this. Please just turn it off. The people can follow me all they want. Just turn it off. I can’t do a damn thing.

[@derrickadam1026]

I asked how I ended up in Trinity Commons Nobody in the world has an answer for me. But boy oh boy, people know to do all this shit to an innocent life.

[@derrickadam1026]

I’m not complaining or upset I’m just saying Idk even know these people. And I’m more innocent than innocent. *I cannot do anything.*

[@derrickadam1026]

Can u please tell said persons to turn this chip off? I already mentioned to my parents no amount of money and power is worth this shit.

[@derrickadam1026]

This is a disgrace sir. Everyone sits on their ass while I have to deal with all of this For no reason. Sir, I don’t want this life and would never willingly choose it.

[@derrickadam1026]

U gotta tell them to turn it off. I’m doing all I can to not break my parents jaw.

[@derrickadam1026]

I’ll have to write it over and over again

[@derrickadam1026]

Greatest of all time doesn’t do anything.

[@derrickadam1026]

Can u please do something sir? I’m an innocent life that has nothing to do with anything.

[@derrickadam1026]

Btw Some people are just the saltiest shits on earth.

[@derrickadam1026]

Can somebody please tell me what’s going on? I can’t keep taking Tylenol and not be able to do anything the whole day.

[@derrickadam1026]

I can’t do anything like this. I told said persons so many times.

[@derrickadam1026]

I do not think so many people would buy into such atrocious acts. Somebody gotta tell me what’s going on.

[@derrickadam1026]

They know what this kid is going through and has been through And still. Nothing.

[@derrickadam1026]

This shit is a waste of so much of my life. And nobody gives a shit about anyone besides themselves.

[@derrickadam1026]

Ur word is irksome.

[@learnzz9255]

Fix your mic 🎤.

[@kidneypop]

No idea of the luck you have with access to Mohnish

@@kidneypop yeah you get to listen to Mohnish but instead you distract yourself with such small obstacles and criticise him for not providing the top quality audio as if he makes a living from youtube videos lol

[@derrickadam1026]

Mohnish watch. Look how salty they are. They’re going to interfere with personal family business. U watch. I just asked how I ended up in Trinity commons. U watch.

[@derrickadam1026]

Family and I don’t agree at all. But hey everyone needs to feel important. I don’t which part of hell they don’t understand. It might be helpful to grow up as well.

[@sudiptakumarofficial156]

Ye kya KZbin video post kararheho... Unsubscribe this channel

[@neerajsahu2902]

Nahi bhai... itna nuksan mat karo us bechare ka... kangaal ho jaega bechara mohnish