Mohnish Pabrai is the managing partner of Pabrai Funds.
Mohnish Pabrai calls it cloning.
Mohnish takes that one step further.
So Mohnish, I'm going to pick up right from where you said.
- And Mohnish, before I roll it out, can I scoot in one little question, what does your average day look like?
And Mohnish kind of embodies this attitude.
And Mohnish is a very brilliant guy and a very brilliant investor.
If Mohnish is playing bridge, he doesn't care that some other guy is driving a Formula One racing car.
But the thing that Mohnish is going to be remembered for-- and he's very conscious of this-- is not his hedge fund, however good the returns are.
So I hit Mohnish Pabrai.
So finally I would mention Mohnish Pabrai, who has spoken here before.
So you can look up Mohnish's 13F or my 13F, or a whole bunch of other 13Fs, and see exactly what he may have bought, when he might have bought it.
So I have this relationship with Mohnish Pabrai and people think that I say intelligent things to him.
So thank you so much Mohnish.
Thank you so much, Mohnish.
companies. Mohnish, I guess for young students and young individual investors who are sort of listening to this conversation maybe later on YouTube,
So one of the things that my friend Mohnish Pabrai who's one of the most brilliant minds in this book, "The Great
And I had the opportunity to go recently with Mohnish over Christmas to spend several days in India with him.
And again, it's Mohnish figuring out, how do I win this game.
So welcome, Mohnish. And let's start with a brief introductory remarks from you.
Thanks, Mohnish. It's a fascinating journey.
So thank you, Mohnish, thank you, Saurabh.
And they said, Mohnish, stop managing this company.
Thank you. Mohnish? What I found, what I've found very surprising was that Warren's got plenty going On.
Thanks, Mohnish, . Well, I think Maggie Mahler's book is a great book to read.
Basically, the fact that Mohnish gave nice examples-- Satyam, Silicon Valley Bank.
But to try and start looking at the world the way Mohnish looks at it, I'm going to get into trouble.
And so I think that it's beneficial for Mohnish Pabrai to talk to somebody about the investing world who
Our speaker for today, Mohnish Pabrai, is someone who paid $650,000 for a lunch with Warren Buffett in 2007.
Ladies and gentlemen, please join me in welcoming Mohnish Pabrai.
Yeah, let's have Guy sit closer to Mohnish.
Let me start with you, Mohnish.
Or you in your own profession, you end up bumping into somebody like Mohnish Pabrai.
Look at all these ways in which I failed until I learned from Tony Robbins, Mohnish Pabrai, Warren Buffett, Charlie Munger.
Extraordinary things happen. And just going back to the founding stone for me and Mohnish, I think that's what we see at Berkshire Hathaway.
In fact, you could argue that the book started when I first met Mohnish, because he talked to me about Mahatma Gandhi.
There are very few people in the world who are wired to think probabilistically, the way Mohnish does and the way some other people do
And then in the end, he would finish and say Mohnish, Dhandho.
And you could look in the eyes of certain investors, whether it's a Tom Gayner or a John Spears or a Mohnish
I think that the minute I stopped trying to be the originators of all original ideas-- so cloning is good is something that I learned from Mohnish.
First of all, there were few things I started doing right to get into the presence of Mohnish Pabrai.
And if, for example, many of my friends will say, hey, Mohnish, we're having a party.
Sure. So I'm just wondering, Guy, if can be a little more sporty than Mohnish and give us some examples, which are maybe from this decade.
And I was nervous to meet him at the lunch and I had this friend, this Indian friend, Mohnish Pabrai, who I only would have met if I'd been--
But what really blew me away about-- so the thank you notes led me to this guy, Mohnish Pabrai, and I started studying how he lived.
So without further ado, ladies and gentlemen, please join me in welcoming Mohnish Pabrai.