Mohnish Pabrai's Interview with Weekly on Stocks on June 28, 2023

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Mohnish Pabrai's Interview with Weekly on Stocks on June 28, 2023.
00:00:00 Introduction
00:00:58 Learnings from Buffett and Munger
00:04:14 Buffett & Munger: Gifting to friends & family
00:09:09 Being rational
00:17:49 BYD: Chuanfu Wang
00:21:21 Being in alignment
00:22:24 Be a harsh grader
00:27:09 Opportunities in China
00:28:40 Rice Farming led to the Chinese having higher IQs than other races
00:32:57 Moutai
00:37:21 Tencent
00:42:08 Adam Grant: Give and Take
00:44:32 When to sell a stock; Ferrari
00:46:16 Importance of an empty schedule
00:47:51 Invest in great businesses
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Пікірлер: 59

@billykhoabillykhoa7844 11 ай бұрын

It's always a good day when Mohnish uploads

@thegreattheone 10 ай бұрын

Amen!

@Jannik77220 11 ай бұрын

Some very good questions were asked in this one. some rather strange ones as well but overall this felt much more informative than most other interviews, thanks alot.

@mikodizon8322 11 ай бұрын

a lot more informative

@airforceandnavyupdate3691 11 ай бұрын

Thank you for all your wisdom

@siliconview 11 ай бұрын

Wonderful insights. Very interesting and enjoyed watching. Thank you Mohnish sir!

@marcb934 11 ай бұрын

Very good questions. And even better answers.Thx.

@ppmmohan 11 ай бұрын

Great insights I learned, especially about Buffet and Munger. Thank You for the sharing your time with us.

@vic-g 7 ай бұрын

This is a masterclass in navigating business discussions in China. Western entrepreneurs looking to venture into China, take note - Mohnish's approach is a textbook example of how to build rapport and win contracts in this dynamic market. The way he handled every question, especially the sensitive topic of regulation, without making the interviewer lose face, speaks volumes about his deep understanding of the Chinese market and its people.

@BritishwarrenBuffett 11 ай бұрын

Very good interview, only 18mins in. Marvellous 👍

@ManpreetSingh-mp9so 10 ай бұрын

Its an absolute pleasure to hear Mohnish sir share his wisdom and experiences with the greats, Thank you !!!

@TooAjit2Quit 11 ай бұрын

Wealth of information. Thank you for sharing.

@JeanCharlesEvrard 11 ай бұрын

We now know that the two companies Mohnish was talking about at 47:07 are AMR and CEIX the cheap coal producers 😅

@bradleyhope3652 11 ай бұрын

Thank you Mohnish!

@boskojovanovic2770 11 ай бұрын

Thank you, Mohnish!

@lenraake4964 10 ай бұрын

Thank you for the wisdom!

@punjacksond 11 ай бұрын

Such a wonderful interview!!

@DavidMM255 11 ай бұрын

Mohnish is simply an exceptional individual. When the interviewer tells him that all the fans admire him very much and appreciate his words, he can only praise Charly Munger by saying that they follow him by chance because of how much Charlie is admired in China.

@johnlayman7466 11 ай бұрын

amazing stuff, hopefully Mohnish makes it to 100 years of age as well!

@jasoncloner 11 ай бұрын

thanks, a nice, different kind of interview

@mokshranka 11 ай бұрын

Love your interviews

@alextitaus 7 ай бұрын

one of the best interviews of Mohnish, clear and interesting

@davorsostaric 11 ай бұрын

Great info. And FINALY a better mic 🙏

@Cloninginvesting 11 ай бұрын

Good morning Mohnish, thank You ❤🙏

@varunjain5789 11 ай бұрын

Loved it like always..

@adhisheshan5647 Ай бұрын

Great insights monish sir.

@angelsancheese 11 ай бұрын

That was good. There was some new info you gave out that you haven’t said in previous interviews

@Mothers_Capital 11 ай бұрын

Love from Bihar India 💛

@girishpiitb 11 ай бұрын

Awesome as always!! Sad to see Many hnish has less than 100k subscribers while random utibers has 1m+

@rocking1313 11 ай бұрын

Adam Grant - Givers, Takers, Matchers ...keep the Givers and be one too!

@luispaz6908 11 ай бұрын

My brain loves that intro!!! Its like it automatically starts getting ready to absorb some wisdom juices... 🤣

@DavidMM255 11 ай бұрын

I downloaded that intro and I play it every time I want to cheer up, it creates a cathartic effect on me every time I listen to it.

@JoaoGuilherme-uc1vp 9 ай бұрын

You consider Charlie a god for you and for a good reason, I also do. But don't forget you are also a god for many other investors! Thanks for sharing your knowledge.

@ShotgunEric 8 ай бұрын

Amazing information Mohnish! 🔥

@SunilKumarCA3101 11 ай бұрын

Be less rational with family owing to involvement of emotions---Be a giver and cultivate a network of givers...🙏

@compound7269 11 ай бұрын

Did Mohnish and Li Lu sell out of micron because it’s turned loss making again, and their thesis was it will eventually be continually profitable even during the troughs?

@selcukkarpuz689 11 ай бұрын

I don’t think so. We can never know the exact reasons, but I think there are three reasons why they might have sold. 1) China ban on Micron chips, 2) Samsung lowering the prices to increase market share, 3) Increased CAPEX due to CHIPS act.

@zerobudgethealth3308 10 ай бұрын

2:05 Learning by Observation

@alexoolau 11 ай бұрын

Most Chinese stock investors are actually speculators who are lowly educated underclass people. In USA, most investors are upper middle class.

@networklabs1 11 ай бұрын

Hello Mohnish Sir, Hope you are doing fine today. I am big fan of yours. I am also learning and observing the intelligent and smart investors to understand how they manager their money. I am trying to understand there is a record of KRBL buy bulk deal in 2018 but I cant see any sell record. To my surprise position was made at the TOP. Just curious to know how this big position was closed. If you get a chance to see this message, It would be great if you can respond to my query please. Much appreciated

@BradKaellner 11 ай бұрын

Big takeaway: Get rid of most of your friends and upgrade to better ones

@justinbeghly1435 11 ай бұрын

This is the advantage/edge that successful, big portfolio managers have over us. If I get rid of all my friends now, I’ll be home with just my dog and wife forever. But that’s okay, I like the edges we have over the big guys better. And besides, we have all the people we need to look up to on KZfaq any time, for free with no need to return anything

@mephantich 11 ай бұрын

Both you guys don't take it wrong. High quality people could be poor guys, not from top university. They may not know anything about business or investing but they have some characteristics that we can learn from.(25:15") @@justinbeghly1435

@SimonStormFrigon 11 ай бұрын

Charlie and Warren are truly exceptional and one of their best character trait "rationality" They both make decisions based on a prudent analysis of the risks and rewards associated with the game. Irrespective of what's in the bag, a rational investor would have bid a sum that's insignificant commensurate to his net worth because of the paucity of information available ‘Assumption is the mother of all… (I am sure you know the rest of the quote)” - Steven Seagal: Under Siege 2 Rationality is an assumption widely used in micro-economic models in trying to predict human behavior. I deliberately us the word ‘trying’ as we all know that predicting human behavior is exceptionally difficult. Why then use rationality? The answer is intuitive. It is not absurd to believe that an individual, when presented with choice will choose the one, taking cost into consideration, which will deliver the most benefit.

@jaibholanath955 9 ай бұрын

Long Live Monish Sir

@simba1608 11 ай бұрын

Did he talk about day trading this time?

@hsinghal55 11 ай бұрын

On the scaling question, conveniently forgot about the digital firewall which allows for domestic competition to thrive.

@Aotearoa-NZL 11 ай бұрын

He spoke great about Micron, Brookfield ,now sold suddenly. Doesn’t seem good.

@umbbaku8678 11 ай бұрын

Why did he sell 100% of his biggest US holding - Micron?

@financialwisdom432 11 ай бұрын

That’s funny 😂😂😂

@peterchung7151 11 ай бұрын

Amazing man & investor!

@MrExZacktly 11 ай бұрын

Should look at national IQ rankings for a real redpill.

@parthaaec07 11 ай бұрын

please don't edit the conversation like this. Let it be normal paced talk. thanks.

@christopherfairhurst978 11 ай бұрын

Why would you need a zip pocket on your shoulder?

@justinbeghly1435 11 ай бұрын

Mohnish is not making any friends with the corn farmers today 😂

@miguelangelsamlee528 11 ай бұрын

you should listen to God to never sell maotai

@lilporkchop321 11 ай бұрын

Wow... this is the mopst heavilly edited Monish video I've ever seen. So amny jump cuts.

@SSYlist 11 ай бұрын

Lol

@AuditorInvestor 11 ай бұрын

Find his grading of people very off-putting. Seems like having Munger as his friend has gone to his head. Then he talks about only having givers in your life, when he is busy calculating whether somebody is worth anything to him. Instead, try and be kind.