Mohnish Pabrai Lecture at Harvard University - April 7, 2020 Chai with Pabrai

Business Analysis and Valuation Course Professor Andrew Sandoe, Harvard University April 7, 2020
(00:00:00) - Introduction
(00:04:35) - Purchase of Stonetrust Insurance
(00:8:24) - Insurance Business Model
(00:11:00) - Sale of Stonetrust Insurance
(00:22:42) - Valuing an Insurance company
(00:25:07) - Being a harsh grader
(00:30:35) - Circle of Competence
(00:41:58) - Start early with investing
(00:55:43) - Improving your Circle of Competence
(01:02:52) - Learnings from investment mistakes
(01:09:50) - Value Investment Categories
(01:29:12) - Probability estimation for outcomes
(01:34:29) - Philip Fisher’s Scuttlebutt method
(01:37:05) - Munger’s advice on sharing Investment ideas
(01:42:15) - Human response to Economy