Mohnish Pabrai’s Q&A Session with MBA Students at Columbia Business School – March 18, 2021 Chai with Pabrai

Professor Anuroop Duggal’s Value Investing Class
Columbia Business School
Columbia University
(00:00:00) - Introduction
(00:03:46) - Laws of investing
(00:06:24) - Following Warren Buffett
(00:07:39) - Finding long term compounders
(00:09:05) - Early-stage businesses
(00:13:54) - 10 bagger business ideas
(00:17:30) - Copart: From Junk to Gold
(00:28:04) - Uber Cannibals
(00:33:13) - Investing is a game of probability
(00:36:43) - Ollies’ business model
(00:40:28) - Relationship with other investors
(00:47:38) - Marginal safety
(00:51:42) - My 401k plan
(00:54:35) - Businesses are fragile
(00:57:08) - Dakshana Foundation