Mohnish Pabrai's Interview at the Investors Podcast on April 15, 2025

Mohnish Pabrai's Interview with Stig Broderson at the Investors Podcast on April 15, 2025. 00:00:00 Introduction 00:00:57 Opportunity Cost 00:03:21 Nifty-50 in early 70's; Walmart 00:06:51 Advice to 40-year-olds; Long runway 00:12:42 Stoic philosophy by Marcus Aurelius: Adversity is a blessing 00:13:59 Money vs happiness relationship 00:19:45 My mathematical game: The Dakshana Foundation; Chuck Feeney 00:25:23 Dakshana's selection criteria 00:29:17 Dakshana's operational model 00:34:20 Business moats 00:36:22 Circle of competence 00:37:47 Warren's "Too Hard Pile" 00:41:30 Selecting an investment manager 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. The interview host is an investor in Pabrai Funds and therefore has a financial interest in the funds’ performance, which creates a potential conflict of interest. The host was not compensated for this interview. The views expressed are those of the host and Mohnish Pabrai and do not constitute investment advice or a recommendation to invest.