Mohnish Pabrai's Session with Narsee Monjee Institute of Management Studies on June 16, 2022

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
00:01:44 Approaches to Value Investing
00:04:52 The Multibaggers approach
00:08:39 McDonald’s 60+ years of compounding
00:15:34 Chuck Akre's Three-Legged Stool
00:16:35 Global Multibaggers
00:20:57 Choose your focus
00:36:14 Is Value Investing dead now?
00:49:02 Venture Capital Investing vs. Public Equities
00:53:45 Passive Index Investing
00:59:54 Handling Drawdowns
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.

[@maryyu4010]

Dear Mohnish, please upgrade your audio tools so we can actually hear your valuable information!!

[@sukoshikanatomo]

Great content, bad audio though

[@teamvigod]

I couldn't take the audio and bailed. It was horrible

[@seunfadairo1094]

@@teamvigod 0

[@SomethingElse_x.x]

I thought my earphones are going end of life. Turning on automated subtitles was useful.

[@suzygarry6251]

Thats the problem with Monish,the audio

[@rishabhnair3789]

one important quote from Pabrai - you may not buy a stock at relatively high P/E but if you already own it, then you can continue owning it at the relatively high P/E

[@octhx]

22:43 Checklist when looking for multibaggers

[@easyvalueinvesting]

Mohnish's KZbin Channel's got to be one of the greatest learning opportunities in investing ever.

[@FinancialLiteracyShow]

The amount of value found in each Pabrai video is incredible.

[@drew9312]

What a really insightful and inspiring interview- such a humble, generous and thoughtful guy for one so intelligent and successful. Thank you Mohnish.

[@IkechiGriffith]

Great perspective Mohnish. Thanks

[@trestres1474]

Thank you so much for sharing your knowledge and lessons along the way. I truly enjoyed the video.

[@airforceandnavyupdate3691]

Love you sir Your charitable work I am follow the path laid by you and sir charlie

[@whiterabbit4171]

Sir I'm such a fan of yours that i feel this compulsion to like ur videos even before watching

[@knowledge_seeker_]

Great lecture sir. Thanks for sharing this! :)

[@LearningWithAnishSrinivas]

Thank you Mohnish.

[@investingiq]

Thanks for sharing Mohnish! Fantastic lecture as always, and I really enjoyed listening to your take on investing in compounders vs 50c Dollars. You really opened my eyes on the subject!

[@spradhan5410]

Amazing video, and a hidden gem!

[@ConvergenceTrader]

Love from Bihar, India 💛

[@michelegrieco3727]

Nice summary of Peter Lynch's advises

[@lionels839]

Hi Monish. I always feel smarter each time I listen to you. I was wondering is high ROE/ROIC combined with low/no debt is a criteria in your Free Lunch portfolio?

[@guharup]

Good to see mohnish settled down in texas. BTW, the name of the lady compeering events is phenomemon!! now Ive seen everything

[@chintandesai8398]

Audio is not clear..can listen to mohnish for hours...investing simplified..thanks mohnish👍👍

[@faronskelton4085]

Great interview. Thank you sir.

[@tonysierra9186]

Thank you

[@stevediouf6626]

The audio bugs, quality problem

[@extremecouponing91]

Amazing insight | Thank you

[@LookAtUrManBack2Me]

New mic plz

[@citywalkdxb7245]

Amazing video ! Wow

[@sohit535]

Love you ❤ as always sir......

[@dansdendanable]

The sound is very bad. Good interesting content.

[@nafasm]

Thanks sir

[@nnnooo555]

Mohnish how do you screen for stocks?

[@LL-wc4wn]

The sound is too bad i jumped out

[@akshaykumar-yk2ri]

What with the audio ups and down 👎 But great content mohnish

[@RetroRanger]

He seems to use a filter in the last videos. But it does not work out good ...

[@rajvir9778]

@@RetroRanger I think it's the noise cancellation in software zoom, teams etc

[@RetroRanger]

@@rajvir9778 exactly

[@WayneHan]

I would like to see someone asking Mohnish about SRG now. Since the new changes around SRG, how to evaluate the correct price of such a stock.

[@plowerrr3]

He answers this in his video 3 months ago with Harvard Business School. 39:26 in.

[@WayneHan]

@@plowerrr3I watched that video and I think you did not follow the recent news around SRG

[@vinaykapoor350]

@1:04:02 first time hearing you speak in hindi

[@vig6912]

Great lecture. Pls do something with that audio...is very bad.

[@awinjun3502]

Mohnish please improve the audio quality. I want to hear what you say clearly.

[@amadousow-cd6md]

Thanks Mohnish, I really appreciate the lessons you have shared. Lots of thanks from 🇿🇲 Zambia

[@danp3808]

Mohnish - please please fix the audio issues. I would love to listen to all your audio videos but there audio quality is horrible (while content is amazing!!). Volume goes in and out regularly.

[@ChetanPatil-tp9on]

How i could join it

[@ManOfSteel1]

money won't get you skills... purchasing an equipment and being able to use it are. 2 different things.

[@hiepchu6028]

I am a big fan of you

[@Atemi1990]

Love the 5-6 sentece explanation. Most investors especially people that do write ups seems to be writing 100 pages and multiple spread sheets but you can't simplify the investments one probably doesn't understand the investment

[@AC-ge2tr]

Good investments include easy-to-explain investment theses.

[@truefreedomforall696]

Hi Sir Why you exited in IEX

[@anshulsahu5824]

I just loved ur every videos 🔥🔥😹

[@uv6306]

For the first time I heard Mohnish speak Hindi.

[@JohnSmith-wg6fy]

Whay the sound works so bad??

[@macwarr8121]

Apart from reading 10k and company websites what other resources are available to learn more about industries

[@innocentiuslacrim2290]

Books, newspapers, business school case studies, product reviews.

[@cshan111]

Great insight...audio is too shaky

[@vikeshyadav568]

Over all great content with bad audio

[@lisbethsalander1723]

How can you buy Indian Stocks from the USA?

[@dougnorton5204]

Please get a better webcam/microphone Mohnish! Priceless information but being wasted because of the audio. Lovely office though :)

[@extremecouponing91]

One of the pitfalls of cigar butts is that it requires more diversification. And when you're only putting 100 basis points of your wealth into a stock you're not going to move the needle. It's better to go with companies you are comfortable with owning forever. Or at least for a very long time 😊

[@Monopolist91]

Revenues and operating profits at McDonalds and Coke have been flat basically for a decade. It's dividends and buybacks at this point, not growth. Also MCD runs with negative equity.

[@anthonyp3169]

Audio is so bad, Mr.Pabria please buy a new mic. Always a pleasure to listen.

[@Cloninginvesting]

Thank You Mohnish

[@dutchgirl2]

I wish his microphone would not cut him off in volume

[@77magicbus]

Audio is bad. Sound goes in and out. I like the content but hard to focus.

[@user-pl5zx4sp5c]

Mohnish, FIX YOUR MICROPHONE for god sake.

[@AJRMediaAgency]

OMG the audio is horrible!

[@ajinkyapathare]

I don't understand any of this on one side people are saying picking stocks is futile fund managers can't beat an index etc. So how does he do it? If this is possible then why all the passive investing community is so reluctant to notice? They demoralise me

[@vict1435]

Passive investors don't want to put in the time and are afraid of having conviction and willingness to take risk in order to win. They fixate on their 25-50% losses instead of the 5-10x wins.

[@ajinkyapathare]

@@vict1435 There's this guy Ben Felix on YT he's really into it & he's a CFA

[@somethingginterestingg4275]

Most people don't beat the index over time. Of course it's possible. It's safer and efficient to just buy a sp500 index fund. And when talking about guys like these, or hedge funds, etc. They spend a LOT of money to get any small edge.

[@rgb685]

Bad audio, if possible please reload it with good audio, please

[@rkbattu]

Audio is bad. Use CC

[@keimo2007]

It was a great video, but it was PITA to listen to because Mohnis's voice oscillated horribly!

[@bluegtturbo]

Pabrai has never mastered speaking directly into a microphone.

[@karmaygurung4535]

lol...

[@adambeauregard489]

Big audio problems

[@neelmoradiya1389]

45:00

[@manuvns]

PAYTM/One 97 Communications Ltd is multi bagger stock

[@angelsancheese]

Bad audio

[@masterharshalshah]

oh no, bad audio

[@davidwilson9976]

Sometimes I think I am just listening to KZbin investors who fluked out, but don't realize it.

[@NieJestemHardkorem]

43:48

[@financialwisdom432]

Ayeee

[@aldo_leka]

I wanted to be first 😠

[@trave9893]

I want McDonald's now

[@extremecouponing91]

🍔🥱

[@TheJavire]

Please buy a microphoneee

[@humanbeing8855]

Horrible audio

[@leonardhutchingsDownDirty]

Hello Sir m

[@oldschool8213]

JOLLY BEE

[@hawtwax]

Jesus Christ buy a better mic Monish. For the sake of your followers and people who come to hear you speak, the least you can do is spend $100 on a good mic

[@dhireshparab5190]

For all those who says value investing is dead: The day when this channel gets few crores of subscribers we may tempt to start saying such nonsense

[@ricosuave666]

worst audio ever

[@easterntechartists]

zzzzzz

[@jackassdamo]

talk abt 10 bagger 100 bagger, even 1 bagger is hard for you hahah

[@stevejurgens9836]

Mohnish Pabrai is crooked.

[@Tendomcgoobin]

Bro, get an actual mic. Aren't you worth millions?

[@kiranvrao9714]

Thank you