Monsoon Pabrai on Meeting Buffett, China Tech, Moutai and more - The Investing with Tom Podcast #38

[@theinvestingwithtompodcast]

Big thank you to Monsoon for joining me on this episode. I hope you enjoy!

[@businessowners5589]

Hey Tom. Great interview. At minute 42:58 she taks about "Gerish Baku" an investor in New York. "He is a little bit more tech focused". Do you know who this is? I can't seem to find him on google...

[@businessowners5589]

found it :) Girish Bhakoo

[@monsoonpabrai]

Thank you for having me! Such a blast! I thought your questions were excellent. :)

[@theinvestingwithtompodcast]

Thanks for taking the time to chat! It was fun :)

[@akshaykumar-yk2ri]

What's the secret for this bright smile monsoon ?

[@dependra7]

I will remember this day, your first podcast. Way to go Monsoon! 🙌🏻

[@rafacomp2684]

What I like most about Monsoon is that is apparent that she is a beautiful soul. Very very nice and charming person. Also i think that one of the most difficult thing in investing is to keep it simple and i think she does. She is very intelligent and will do great. Would love to hear more of her. By the way also great job by Tom as always!!

[@kevinstandart4310]

Thank you Monsoon! Greatly appreciate your time and the thoughts you have shared with us!

[@krapdivad]

Great to see people in our generation experiencing the joys of investing passed down from Buffett. Monsoon seems lovely and love hearing the details of her story. Thanks for pulling this off Tom!

[@NewMoneyYouTube]

Great interview Tom and awesome insights Monsoon! Enjoyed this one!

[@theinvestingwithtompodcast]

Thanks mate!

[@lorenamendoza5060]

I have been following her for a while and really enjoyed this interview, so thanks Tom and congrats Monsoon!

[@hpottstock]

That was a great conversation! Thanks to Monsoon for her time, and thank you Tom for a wonderful podcast episode!

[@KshPa-hb3qf]

Can someone please explain what she meant when she said alignment of interest? (While explaining her criteria of picking stocks)

[@anilhebbar6506]

What a wonderful interview. Ms. Monsoon is as captivating as her illustrious dad.

[@digbysummerhill3154]

Tom another great episode. Thanks for getting Monsoon on, the candid and articulate way she described her learning and parts of her process was really insightful. One to rewatch and reflect on again. I really enjoyed it keep up the great work.

[@hasantarek6521]

always good to see Monsoon Pabrai and all the best for her initiatives.

[@gauravthadanii]

an extremely insightful interview. Monsoon seems calm, thoughtful and has really great values, must have got them from dad.

[@ricardo.teixeira]

Great interview as always Tom! Thanks for sharing your insights Monsoon!

[@BradKaellner]

Fun interview! Wasn’t that Fidelity dead investor study debunked?

[@guyoncedricduifhuizen6142]

Wow, incredible interview. It's refreshing to hear a young lady's investment philosophy with tremendous knowledge. I hope you'll do more podcasts :). Cheers

[@FinancePhysio]

i love all your content tom, you are a blessing to the world , please keep it oging

[@manish.punjabi]

Great interview. @3:34 - Actually TGT slightly outperformed DIS since 2003 if you factor in dividend reinvestment.

[@henrymichal8522]

Brilliant interview and some great insights Tom. She's a winner. Thanks for sharing mate.

[@giuseppeo77]

This was a great interview Tom, I really enjoyed it! It was very refreshing to listen to such a bright and lovely young lady with great insights! I am rooting for her all the way! Thank you both. Greetings from Mexico.😉🙋‍♂

[@calebwert1057]

When is Warren coming on the podcast?

[@yagoalvarado8976]

great interview! I really enjoyed it. Keep up the good work

[@tadakimasu]

Great interview! You can definitely feel her passion behind her investing. I hope to hear more from her in the future~

[@ITOXIC_YT]

Charming and super intelligent.

[@buildmybalancesheet2554]

Smart lady - keep up the good work - thank you

[@susymay7831]

Monsoon Pabtai Is it a good business? What is the margin of safety? How do they allocate capital? Alignment of interests?

[@leechoonyau]

Thanks for the awesome content, Tom. Exciting journey ahead for Ms Monsoon. Stay true and trustworthy. :)

[@TheSecurityILikeBest]

She’s brilliant.

[@gregzz]

Continue to provide so much value to your audience. Thanks Tom.

[@maksimmartynyuk6928]

Does anyone know who Monsoon referred to at 42:55?

[@monsoonpabrai]

Ghirish Bhakoo - Tencore

[@maksimmartynyuk6928]

@@monsoonpabrai Thank you. Really enjoyed the interview, hopefully there are many more to come.

[@nunofreitas8838]

Parabéns ao Tom por mais esta excelente entrevista. Parabéns ao Moonish Pabrai pelo excelente resultado no maior e melhor investimento que alguma vez fez, na educação das suas filhas. Monsoon tem as ideias bem definidas, principalmente para alguém tão novo. Excelente!

[@abeyjoseph1201]

Monish will be so proud of u gods speed

[@MrYufu221]

Thank you Tom for holding this podcast with Monsoon!

[@jimgillespie7039]

So rad. Crushing it. Good to hear you Monsoon.

[@matthewng820]

Hi Tom, thanks for this interview. Could u explore getting Chris mittleman of Mittleman investment management on your podcast 😊 he is a really interesting investor!

[@lionels839]

Wow. Perfection.

[@fantastikfanatic1900]

The fruit does not fall too far from the tree.

[@Bmayo27]

Your channel is massively undervalued. But, I suppose as a value investor, that’s an okay spot to be. I genuinely appreciate your consistently great content! Much love from Nashville, Tennessee!

[@JC-ed9yi]

This is really good. Thank you Tom and Monsoon.

[@RatishMani]

Insightful and Monsoon seems like a nice person. I'd have liked for you to dwell on Tesla and ask her why she would never touch it ?

[@kostasath88]

Nice chemistry ;-)

[@DavidSmith-do6ji]

Thank you so much guys! Wishing Monsoon all the best with her fund :-) David - UK

[@QualitativeInvestor]

What quote of Munger did she mention there? Was cut off with her speech... Could you find letters of that investor Girish that she talked about?

[@krunalmodi]

yes, I think Tom also didn't hear the quote. Here is the quote (best to my google search abilities) "Ben Graham walks into a candy store and buys the cheapest candy. Charlie Munger walks into a candy store and spots the candies he likes best and waits for them to go on sale!"

[@QualitativeInvestor]

@@krunalmodi Thanks. Monsoon replied to me with following quote: "When Ben Graham walks into a candy store, he finds the piece of candy on the largest sale and buys it. When Charlie Munger walks into a candy store, he finds his favorite piece of candy. He comes back each and every day to check until it's a price he'd like to buy it at."

[@krunalmodi]

@@QualitativeInvestor where did she reply on Twitter?

[@QualitativeInvestor]

@@krunalmodi yes

[@krishpatel1787]

Woah I genuinely learned a lot from her. She needs to do more talks!! Being a young investor, I am able to relate and take away a lot more.

[@JonasGovaerts.]

Thank you both, that was very interesting!

[@andrewlau799]

Well done, Tom! Fantastic podcast.

[@brentarchibald7605]

This is great, thank you both!

[@menash07]

Why is Mohnish hasn’t been able outperform the market for the last 10 years? His average returns were like 5 percent for last decade

[@abimansivanesan1545]

Whats the size of Monsoon's fund? Its inception year and How has it performed?

[@theinvestingwithtompodcast]

Around $2m to get started, and still steadily getting the initial cash invested. I don't think performance info is publicly available yet (not that you'd be able to read much into it yet anyway)

[@natlee2472]

Very cool

[@luispaz6908]

Yaaaaaaaaaay. 🎊🎉👏👏👏🔥

[@pedrolino93]

Very interesting conversation! Great job!

[@arnabbhattacharya6579]

Can you please make a video with Saurabh MUKHERJEA of marcellus investment managers.

[@anubhavmalik2988]

Lunch with saurabh mukherjea

[@DM-bn6bf]

Awesome Tom!! Great job, happy for you

[@theinvestingwithtompodcast]

Thanks heaps :)

[@rishivasandani]

This was a great interview 🤙🏾

[@Murciful]

You can tell that Monsoon is quite knowledgable in her own right with a sound investing framework

[@joezawinulreviewsandreacti2509]

How can she say the downside is too great on cigar butts!? That's the whole point of the concept to limit the downside because you are paying less than the intrinsic value. I wish you called her out on that. Still great interview overall!

[@jeremynewell9903]

I wonder how long Munger's check-list is? If my checklist were 200 questions I'd be worried about losing site of the forest for all the trees. My checklist is 30 questions but there are only a handful that are most important to me.

[@Leo-tp8vk]

I just watched because she looked quite pretty.

[@listentv1754]

I need a partner to invest in rental real estate in Uganda. About 20k usd is enough to start. 45 million people, we target the lower middle class that's about 60 - 70 % of the population. After we establish ourselves we move to education, build schools, 1000 students each paying 300-500 dollars every term (3 months) for 3 terms a year. Then we diversify over time to other sectors like commercial real estate, food ,factories etc. Talk to me and let's see if we can corporate

[@MPK1881]

Where can we find her 10 Picks. I am a shameless cloner.

[@rickfool1452]

how is this not nepotism? I get pabrai is a value investing compounding buffet bros wet dream. but what has his daughter accomplished?

[@AnkurParikh81]

"Graham walks into a candy store and finds the cheapest thing and Munger walks into a candy store...." she cut off there. What does Munger do?

[@SBK2480]

Even I was wondering the same thing. My version ends with "... and Munger walks into a candy store every day and looks at the See's candy price. When he likes the price, he backs the truck up and buys all the See's candy in the store"

[@GalataPodcast]

“When Ben Graham walks into a candy store, he finds the piece of candy on the largest sale and buys it. When Charlie Munger walks into a candy store, he finds his favorite piece of candy. He comes back each and every day to check until it's a price he'd like to buy it at. Not a Munger quote but an observation someone has made that stuck with me” - tweet from Monsoon.

[@vinaykapoor350]

She didn't really answer the "how do you calculate intrinsic value?" question

[@TheRetailFundManagerPH]

You forgot to ask her why her DAD is massively underperforming the index the past 10 years.🤣

[@clarenceboddicker7708]

Is alibaba going to the moon in 2024?

[@crohmer]

Stop 🙄

[@clarenceboddicker7708]

@@crohmer why stop?

[@LL-wc4wn]

It has to be the worst decision to follow her Dad. She shouldnt ride his coat tails. Her Dad pulling strings, already rich and getting a huge headstart over other investors. If she becomes the worlds richest woman she won't get credit.

[@amishshah175]

Monsoon Pabrai is nothing but a nepo baby in the finance industry. I’m sorry but I’m calling it what it is.

[@SagarKanakiya]

IBULHSGFIN - India market, worth checking out.