Mohnish Pabrai Lecture at Peking University (Guanghua School of Mgmt) - Dec 22, 2017

02/21/23 • 109 min

Chai with Pabrai

Prof. Jiang Guohua's Value Investing Course

"Compounding is the 8th Wonder of the World"

(00:00:00) - Introduction

(00:04:19) - Book: One thousand way to make $1000

(00:05:41) - The power of compounding

(00:08:23) - Rule of 72

(00:15:58) - The Wilson Coin Company

(00:24:12) - 3 variables in Compounding

(00:30:20) - Compounding @ 26%

(00:36:45) - Lesson learnt from owning an Insurance company

(00:39:57) - Zero management fees

(00:42:48) - Guy Spier

(00:45:07) - Investment outside US (India & China)

(00:49:54) - Investing in Berkshire Hathaway

(00:51:30) - Change in investment strategy

(00:53:55) - Managing personal assets

(00:56:59) - Finding the true value of a company

(01:07:36) - Stop-losses are dumb

(01:14:48) - My Worst Investment

(01:32:26) - Circle of Competence

(01:38:41) - Conviction

Prof. Jiang Guohua's Value Investing Course

"Compounding is the 8th Wonder of the World"

(00:00:00) - Introduction

(00:04:19) - Book: One thousand way to make $1000

(00:05:41) - The power of compounding

(00:08:23) - Rule of 72

(00:15:58) - The Wilson Coin Company

(00:24:12) - 3 variables in Compounding

(00:30:20) - Compounding @ 26%

(00:36:45) - Lesson learnt from owning an Insurance company

(00:39:57) - Zero management fees

(00:42:48) - Guy Spier

(00:45:07) - Investment outside US (India & China)

(00:49:54) - Investing in Berkshire Hathaway

(00:51:30) - Change in investment strategy

(00:53:55) - Managing personal assets

(00:56:59) - Finding the true value of a company

(01:07:36) - Stop-losses are dumb

(01:14:48) - My Worst Investment

(01:32:26) - Circle of Competence

(01:38:41) - Conviction

Previous Episode

Leveraging Asymmetry: How to Build a Successful Business with No Funding or VCs

Mohnish Pabrai at the TiE Austin Speaker Series - Investment & Entrepreneurs on August 12, 2022

(00:00:00) - Introduction

(00:02:43) - Non-Venture backed Start-ups

(00:05:06) - Managing Resources for the Start-Up

(00:08:24) - Advantages of beginning as a Part-timer

(00:12:01) - Amar Bhide’s Framework of Entrepreneurship

(00:15:34) - Identifying and Filling Offering Gaps

(00:29:22) - Cloning is the Most Powerful Mental Model

(00:39:16) - Investing in Hyperinflation Economies

(00:45:12) - My Investing Journey

(00:49:42) - The Power of Truth

(00:57:19) - The Dakshana Story

(01:02:48) - Lunch with Buffett

Next Episode

Boston College Presentation November 19, 2013

(00:00:00) - Introduction (00:01:28) - Thou Shalt Not Have an Investment Team (00:13:14) - Resources for Investment Analysis (00:20:08) - My Research and Investment Process (00:24:41) - Reviewing the Portfolio (00:28:58) - Cash Allocation in the Portfolio (00:38:09) - Circle of Competence (00:39:08) - Trade-off between Valuation and Growth (00:42:25) - Levered Businesses (00:43:19) - Investment Checklist (00:49:03) - Commodity-based Businesses (00:56:17) - Starting an Investment Career (00:59:42) - Book Recommendations (01:02:08) - Investing in Baskets of Stocks around Larger Themes (01:05:26) - Learnings from my early years

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.