Mohnish Pabrai’s Q&A Session with Students at Indiana Univ. Kelley School of Business –April 1, 2021 Chai with Pabrai

Mohnish Pabrai’s Q&A Session with Students at Indiana Univ. Kelley School of Business –April 1, 2021
(00:00:00) - Introduction
(00:04:22) - Investment checklist
(00:08:08) - Circle of competence
(00:10:59) - Shipping Industry
(00:21:46) - Portfolio Management
(00:23:27) - US Markets vs. Other markets
(00:25:29) - Short selling
(00:29:15) - Research process
(00:30:53) - Holding a stock
(00:32:58) - Cinches, Feet on the desk and awesome destinations
(00:41:25) - Pre-investment checklist
(00:43:09) - Kelly formula
(00:44:54) - Scenario analysis
(00:46:17) - Hurdle rate
(00:47:38) - Philanthropic initiative; Dakshana Foundation
(00:51:31) - When wealth is lost
(00:54:03) - Best trait of an investor; Patience
(00:56:05) - Lunch with Warren Buffett
(00:58:32) - Starting of Pabrai Funds
(01:01:39) - Investment Strategy
(01:02:24) - Learning from mistakes
(01:04:05) - Career Advice