21 Aug 2025 · 1 h 46 min
Books from Mohnish Pabrai
“Mohnish Pabrai (Billionaire Investor): The $100 Investment Hack That's Disappearing Fast! The Fastest Way To Financial Freedom!”
2 books mentioned
Buy links are Amazon affiliate links. Timestamps come from the audio release (which includes ad breaks), so the video may differ by a few minutes.
The conversation
Mohnish Pabrai, a value investor and founder of Pabrai Funds, discusses his strategy of cloning successful businesses and applying Warren Buffett's principles to achieve low-risk, high-return investing. The episode covers building passive income, the Dhandho philosophy, and the importance of resilience and compounding.
Talking points
- Mental models for business and investing
- Cloning successful companies to minimize risk
- Starting a business while keeping a day job
- Resilience in sales and the Dhandho philosophy
- Warren Buffett's punch card analogy for high-conviction investments
- Costly mistake of selling Fiat Chrysler too early
- Importance of saving rate and long runway
- Index investing over day trading