Mohnish Pabrai’s Q&A session with students at the University of Georgia Chai with Pabrai

University of Georgia
Host: Charlie Warren Oberman
November 18, 2021
(00:00:00) - Introduction
(00:02:06) - Buffett: when he has his first stock tip, call me collect
(00:03:47) - Relationship with Warren Buffett and Charlie Munger
(00:12:41) - Circle of competence
(00:15:16) - Sources for Investment Ideas
(00:17:08) - Handling Underperformance
(00:18:49) - Leverage in Businesses
(00:23:05) - Micro vs. Macro
(00:24:21) - Avoiding Confirmation Bias
(00:25:51) - Identifying Moats
(00:29:00) - Evaluating Management
(00:30:16) - Investing as a Profession
(00:32:15) - Entrepreneur’s Advantage
(00:33:49) - Zero Fee Structure
(00:35:42) - Pre-investment checklist
(00:39:12) - Lessons from Failures
(00:44:14) - Calculating Intrinsic Value
(00:48:03) - Shameless Cloning
(00:49:42) - Long-term compounders