Mohnish Pabrai's Session at The University of Nebraska, Omaha on May 3, 2024

Mohnish Pabrai's Session at The University of Nebraska, Omaha on May 3, 2024. 00:00:00 Introduction 00:02:50 Circle the Wagons 00:08:15 Intrinsic Value vs. Owners' Intrinsic Value 00:16:44 Starbucks 00:17:31 Ken Langone: Home Depot 00:20:10 Berkshire's 12 best decisions in 58 years; See's Candies vs Coca Cola 00:27:19 Evaluating the management team 00:32:20 Advice for young investors 00:33:45 My educational journey 00:38:16 Memories of Charlie 00:43:21 Learnings from Charlie Munger 00:45:51 Cloning is the best model; Chipotle 00:49:21 Heads I win; Tails I don't lose much 00:51:43 CONSOL Energy vs. IPSCO 00:56:57 Value investing 00:59:02 Impact of macro-economic factors 01:01:10 Passing on value system to your kids 01:04:58 Loss aversion: Minimizing risk 01:07:32 Debt-free businesses are best 01:10:29 Index investing 01:11:52 Cryptocurrency 01:12:46 Knowledge is cumulative The contents of this website 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.