Mohnish Pabrai on Cloning & Compounding

Subscribe to The Meb Faber Show podcast on your favorite platform so you never miss an episode! pod.link/1128955736
Today’s guest is Mohnish Pabrai, founder and Managing Partner of the Pabrai Investments Funds, which he started in 1999 and has since built an incredible track record.
In today’s episode, Mohnish talks about his love for bridge, what his friend Warren Buffett’s online bridge name is, his philanthropic endeavors, opportunities he sees in Turkey and India, and what he would do with the Apple position today if he was running Berkshire Hathaway.
To see links or read the transcript of the episode, visit us at:
mebfaber.com/2023/08/16/mohni...
-----
Today's episode is sponsored by YCharts. YCharts enables financial advisors to make smarter investment decisions and better communicate with clients. YCharts offers a suite of intuitive tools, including numerous visualizations, comprehensive security screeners, portfolio construction, communication outputs, and market monitoring. To start your free trial and be sure to mention "MEB" for 20% off your subscription here: go.ycharts.com/meb2023 (New clients only)
-----
Follow Meb:
Twitter: / mebfaber
LinkedIn: / mebanefaber
Website: mebfaber.com/
To learn more about our products and follow us, subscribe to our mailing list: theideafarm.us1.list-manage.c...
Listen and subscribe on the platform of your choice:
Apple: podcasts.apple.com/us/podcast...
Spotify: open.spotify.com/show/6gEEIpE...
Google: podcasts.google.com/feed/aHR0...
Follow The Idea Farm:
Subscribe (FREE!): www.theideafarm.com
Twitter: / theideafarm
LinkedIn: / theideafarm-co
Tik Tok: / mebfabershow
Instagram: / reels

[@krapdivad]

Warren "T-BONE" Buffett

[@BradKaellner]

Time to learn bridge!

[@silentseekerYT]

Missing your videos brother , hope you post some again soon :)

[@anthonyjackson2145]

That was really awesome and insightful. Viewing the world through a different lens.

[@boskojovanovic2770]

I am from 🇦🇺 and the system you’ve described where the employer is obligated to pay 11% of your base salary into a fund, is called Superannuation Guarantee. Only under special circumstances can that money be accessed prior to retirement. People can elect to manage that money themselves via another vehicle: Self Managed Super Fund (SMSF) which is kind of like a pseudo hedge fund. Highly regulated, various reporting requirement and can invest in all asset classes, with an expecting of margin loans and derivatives.

[@HabibQureshi]

Similar in Switzerland too

[@Mothers_Capital]

Love from Bihar India 💛

[@emrahny]

Mohnish is famous among Turkish stock traders. Not so favorably at times but I find him brilliant in chasing value

[@paulajd6799]

Great interview! thank you! I will be watching for more interesting insights How do we buy Turkish bottlers?

[@Mrmarginofsafety]

Great interview learned alot

[@py8130]

Very well said by Mohnish! In reality, it is hard to do for most people, including Mohnish. He sold most of his positions very quickly too (very high portfolio turnover). His recent sale of MU is due to the deterioration of the fundamentals. But I agree that long term it is not unclear.

[@maytagrepairman]

Come on Meb. Do an ETF of CEOs with mustaches. 😂

[@susymay7831]

Timestamps would help your nice videos ❤❤❤

[@xXRedEyedStrangerXx]

Mohnish should come back to speak at Clemson, I’d love to see him

[@LiveTheLongGame]

New Purchase for Mohnis Ticker AMR he is doing well with this one ✅

[@k4ir0s]

Meb likes the sound of his own voice. Would have preferred it if he spent more time asking questions and listening.

[@amirjon]

At this point he’s basically a day trader. Though I do appreciate his talks.

[@py8130]

Year trader

[@Angron1234]

What is the song title of the intro?

[@stuffaboutthings8679]

Make bridge great again !

[@stockpile5054]

Has Mohnish said anything about the reason why he exited Micron in his last 13-F?

[@BradKaellner]

Nope

[@JustinTipton]

Better opportunities. What he doesn't say about selling Apple is this... if you find something better, then it is ok to sell it. Mohnish thinks he has found this in cheap coal companies. (Just my take, could be wrong)

[@JustinTipton]

My question for Mohnish is, what's your theory about coal in 20 years? Sure, the companies are cheap, but buybacks of business headed to zero seems like a greater fool bet. If these coal companies were paying 14% dividends (which they could!) I could understand.

[@BradKaellner]

@@JustinTipton his coal bets are short-term

[@ApolloStrengthGarage]

​@@JustinTiptonthat's why ARLP is a more safe bet. More diversified, also deals with met coal, and has a massive 13+% distribution.

[@Nik-up5kg]

China as a word was mentioned once. Why ? Is china considered a abnormality ?

[@ankitnandaniya7278]

Now days Videos of mohnis pabrai is less about investing and much about daksana foundation.

[@punjacksond]

❤❤❤❤❤

[@user-dx1zq4wk9u]

laptop account apk for site link me days

[@Aotearoa-NZL]

People who cloned Monish are screwed.Refernce MU, BK

[@harpreetgill1868]

Who can file that 13F