TIP550: Masterclass w/ Mohnish Pabrai

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.6 • 3.6K Ratings

🗓️ 7 May 2023

⏱️ 69 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On today’s show, Stig Brodersen talks with legend investor Mohnish Pabrai. In the interview, Mohnish Pabrai generously shares his investment framework and touches on various stocks, including Alibaba, Constellation Software, Reysas Logistics, and Shinoken. Disclaimer: Stig Brodersen is invested in Pabrai Funds.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro.

01:35 - How to stay objective when you get advice from someone you admire and like

04:56 - Why the Turkey stock market is attractive

10:05 - Mohnish Pabrai’s four steps to read annual reports

27:22 - What happened to Shinoken, one of Mohnish Pabrai’s previous holdings

40:56 - Mohnish Pabrai’s thoughts on Constellation Software and Mark Leonard

49:44 - Mohnish Pabrai’s thoughts on Alibaba

54:48 - How to live a truthful life

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Mohnish Pabrai’s website
Learn more about Mohnish Pabrai’s Dakshana Foundation
Listen to our interview with Mohnish Pabrai about investing in stocks or watch the video.
Tune into our interview with Mohnish Pabrai about value investing and philanthropy or watch the video.
Listen to our interview with Mohnish Pabrai about value investing or watch the video.
Tune into our interview with Mohnish Pabrai about value investing in 2021 or watch the video.
Listen to our interview with William Green about Mohnish Pabrai or watch the video.

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Transcript

Click on a timestamp to play from that location

0:00.0	You are listening to TIP.
0:03.0	Since its inception, in 2000, today's guest Maniz Pabri has returned 989% to his investors
0:10.4	Netafee's in his flagship fund.
0:12.7	This compared to only 401% for the S&P 500.
0:17.0	In today's conversation, Maniz Pabri generously shared his thoughts on various stocks including
0:21.5	Alibaba, Constellation Software, Rayseller Logistics, and Shunokun.
0:25.8	However, more important than the stocks we discuss, I hope you would appreciate how
0:29.9	thoughtful it is and how important it is to understand the process and separate the
0:34.8	signal from the noise.
0:37.0	I hope you enjoyed the conversation with Lich and Vester, more as per rye as much as
0:40.7	I did.
0:41.7	Here we go.
0:42.9	You are listening to THE Investors Podcast where we study the financial markets and read
0:51.2	the books that influence self-made billionaires the most.
0:54.4	We keep you informed and prepared for the unexpected.
1:06.7	Welcome to THE Investors Podcast.
1:08.2	I'm your host, Stake Brodersen, and it's at least a week and whenever you're listening
1:13.5	to this.
1:14.5	I'm thrilled to invite it no other than Maniz Pabri to join us today.
1:18.4	Maniz, thank you so much for taking the time to speak with us today.
1:22.0	It's always a pleasure at this time of the year just before the woodstock for capitalists
1:27.0	gets underway.
	...

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