Episode notes
On today’s show, Stig Brodersen talks with legendary value investor Mohnish Pabrai. Since its inception in 1999, one dollar invested in the flagship fund would have grown to $17.29, compared with $6.29 for the S&P 500. In the special interview, you can join Mohnish and Stig’s discussion on Berkshire Hathaway, investing mistakes, and the importance of letting winners run.
Disclaimer: Stig Brodersen is an investor in Pabrai Funds, which creates a potential conflict of interest, as he may benefit if the funds perform well. He will not be compensated for this interview
IN THIS EPISODE YOU’LL LEARN:
00:00:00 - Intro
00:01:53 - Whether Greg Abel’s compensation is fair
00:05:21 - Why most investments fail, and why that’s okay (the “4% rule”)
00:11:40 - Whether to own Berkshire Hathaway or the S&P500 over the next century
00:28:23 - Why Stig thinks that Mohnish diversifies too much
00:31:04 - Why good asset managers should eventually have 95% of their portfolio in one stock
00:36:21 - How Mohnish met Michael Burry
01:04:50 - What Mohnish learned from his best friend Guy Spier
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community.
- Mohnish Pabrai’s website.
- Learn more about Mohnish Pabrai’s Dakshana Foundation.
- Our interviews with Mohnish Pabrai about Investing and Life Lessons.
- Our interviews with Mohnish Pabrai about The Inner Scorecard.
- Our interviews with Mohnish Pabrai about Masterclass Investing.
- Our interviews with Mohnish Pabrai about investing in stocks.
- Follow Stig on X and Linkedin.
- Related books mentioned in the podcast.
- Ad-free episodes on our Premium Feed.
NEW TO THE SHOW?
- Get smarter about valuing businesses through The Intrinsic Value Newsletter.
- Check out The Investor’s Podcast Starter Packs.
- Follow our official social media accounts: X | LinkedIn | Facebook.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance.
- Enjoy exclusive perks from our favorite Apps and Services.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS
Support our free podcast by supporting our sponsors:
References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor’s Podcast Network is not responsible for any claims made by them.
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
