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
(00:04:31) - Investment checklist
(00:08:18) - Circle of competence
(00:11:08) - Shipping Industry
(00:21:56) - Portfolio Management
(00:23:35) - US Markets vs. Other markets
(00:25:38) - Short selling
(00:29:24) - Research process
(00:30:42) - Holding a stock
(00:33:10) - Cinches, Feet on the desk and awesome destinations
(00:41:33) - Pre-investment checklist
(00:43:19) - Kelly formula
(00:45:04) - Scenario analysis
(00:46:28) - Hurdle rate
(00:47:48) - Philanthropic initiative; Dakshana Foundation
(00:51:41) - When wealth is lost
(00:54:14) - Best trait of an investor; Patience
(00:56:12) - Lunch with Warren Buffett
(00:58:43) - Starting of Pabrai Funds
(01:01:49) - Investment Strategy
(01:02:35) - Learning from mistakes
(01:04:17) - Career Advice