Mohnish Pabrai’s Session with Ashoka Investment Club on April 22, 2025.

(00:00:00) - Introduction

(00:00:47) - Charlie Munger's mental models; Poor Charlie’s Almanack

(00:07:38) - Cloning is the best mental model

(00:08:45) - Sam Walton & Family; Walmart

(00:10:36) - Microsoft

(00:13:31) - Bridge

(00:14:51) - Pabrai Funds: Cloned model from the Buffett Partnerships

(00:17:41) - Selecting a stock

(00:19:12) - Macro-economic factors; D-Mart & Shrimp farming in India

(00:23:32) - Circle of competence; John Arrillaga

(00:24:38) - Commodity producers; Saudi Aramco

(00:27:26) - Look for anomalies, Investing in Turkiye & Reysas

(00:33:54) - Learning from mistakes; Satyam Computers

(00:39:35) - Nifty-50 in the 1970s; Walmart

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.

Mohnish Pabrai’s Session with Ashoka Investment Club on April 22, 2025

Chai with Pabrai