The greatest episode ever. Wisdom, psychology of money, how to start, how to grow, how to execute, how to invest, how to be rich and how to give. Just wow.
i had the same thought. Basing it on tbe Hindu way of life, I would say Mohnish, Warren,Charlie and such thinkers can be called Saints of Capitalism though it might sound weird. I want to live my life like these people
Meeting Mohnish earlier this month at the Berkshire Hathaway event was a highlight of my week! When I mentioned the upcoming MGM episode with Sean, his enthusiasm was infectious. He's truly a giant in the field ( and physically), yet incredibly gracious. Not only did he chat with me, but he also signed his book, "The Dhandho Investor," making the encounter even more memorable. This episode is unreal-I keep thinking it can't get better, but Sean, Sam, and the MFM team keep exceeding expectations!
Was looking forward to this one since you mentioned it a month ago. Thank you so much for bringing Mohnish on. Love this guy! At this point, maybe I should do a documentary about him :D
I had never heard of Mohnish before Shaan mentioned him a couple weeks ago, but seriously I think this guy a gem of a find.. he seems so genuine and he’s not trying to push some agenda.. just sharing his thoughts and lessons.. he seems chill and really values his life and time.. I hope to keep these thoughts in mind throughout my life so that I can try to craft a life similar (at much less magnitude) to his! Awesome conversation
This is episode of the year hands down. Watch all your videos and love them all, but this is on another level. Mohnish is an incredible mind and guest.
Felt like this could have been a 5 hr long conversation and would have still felt too short! Never have listened to something 2 hrs long and felt what a gem but sad it's over so quickly
Just watched the full 2 hours non-stop! Amazing interview leaving space for Monish to speak and asking beautiful questions. Monish is unique. Thank you!
I regret not watching this interview earlier. I missed judge thinking it was just going to be bla bla.. This guy is down to earth, comes across as honest and extremely experienced. Transparent
I’ve been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?.
First time commenting here. Mohnish, you're an inspiration for every immigrant hustling to make it, and Shawn, you were amazing. Listening to this brought both tears and joy.
1:58:06 when he spoke about Charlie Munger, I had a burst of laugh and then a tear in my eyes. That story of reading 📚 was fantastic. Thank you so much for sharing such a wonderful story about him. That is how a man should be, no complaints, just go on.
This is by far THE BEST mohnish interiew I saw. The interviewer was GREAT and had excellent scope of questions. Mohnish was focused and mentioned the most important attributes of an investor and shared great stories. THANK YOU !!! 🌹🌺🌻🌼🌷
What a fantastic guest! You need to bring Mohnish back on soon. A true wealth of knowledge. I write this as an adult who had multiple lemonade stands and a pretty solid Christmas time mistletoe hustle. 😂
Amazing interview. Mohnish exudes wisdom- an extremely intelligent, talented, generous human being. Always so humble too. And what a story teller. Thank you both.
Successful people don't become that way overnight. most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life🙏🙏🙏
People should remember: poverty is not an accident, a coincidence or an inevitability. It is something which is manufactured by the step or action we takes
I'm 49 and earn about £2M ($2.5M) per year and save about 30% in HYSA's. I've been reading a lot of articles mentioning how w0rthless 'cash savings' are in this current unstable economy. D0 you suggest I invst in real estate, stocks or Gold?
A consistent 5% return from the bank and US securities sounds better to me than worrying about losing your money if the stock market falls. Also consider financial advisory with the size of your budget.
You should obviously consult a professional. However you have multiple options. 5% CD/Bond rates very low risk. Or buy equities and purchase puts for insurance. Either way you win.
The issue is most people have the "I want to do it myself mentality" but not equipped hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
Amazing interview, Amazing interviewee, amazing, hard hitting essential questions. I feel blessed to have had the opportunity to listen to the words of wisdom. Great job.
This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.
Great conversation and amazing lessons! Aside from the "lemonade stand theory", which is complete nonsense xD. Some skills take decades to master, and many lessons are learned through the journey of life. Many people only find the real motivation to do something more than work for someone else later in life. That's why the average age of a US successful startup founder is in their 40s, and it's not just me saying it, but data. Sometimes it's a bit of luck, timing, and motivation, sometimes opportunities appeal later. Thank you for sharing this amazing content.
Thanks a lot, Shaan! I especially liked the idea of finding something hated and unloved. You can often find a lot of mispricing in things that are disliked or hated.
What an amazing interview. I’m delighted to meet and listen from Mr Mohnish. I appreciate his deep respect to the investment gurus Charlie and Warren, and his exceptional articulation of his thoughts. Many thanks to your channel for making this interview 🙏🏻😊
Investing well requires mental discipline to go against human nature, which is a laborious process. Purchasing during a panic, selling amid exhilaration, and hanging on while uninterested and yearning for any stimulation. Investing is 95% temperament and 5% intellect.
For many years, government policy has disregarded the future. The judgement day is almost here. I'm predicting the stock market to tumble by 80%. Real estate will become more appealing to investors than equities. There won't be any cash in banks. You need to think of a plan for surviving.
It's frequently the case that people don't realise how important financial advisors are until they suffer the consequences of making rash decisions. A few summers ago, following a difficult divorce, I recall needing support for my faltering business. After doing some research, I located a qualified advisor who worked hard to increase my reserves in spite of inflation. As a result, my reserves went from roughly $275k to $750k.
Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.
I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or whenever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That'd be enough to create a portfolio that would pay you between $50k to $70k in dividend income
Just because there are opportunities in the market doesn't mean you should go in blindly. To understand the potential factors that contribute to your financial growth, l'il advise you to seek the help of a professional
I completely agree; I am over 40 years old, recently retired, and have approximately $1m in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!
@@maryHenokNftbravo! I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
She's known as *Gertrude Margaret Quinto* One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
Well-done. Gertrude Margaret Quinto appears to be highly knowledgeable and very qualified, came across her consulting page just after inputting her full name on the web. In fact, Ive seen commentaries about advisors, but not one looks this phenomenal.
Where did you find this guy, he's so knowledgeable and his story telling way is awesome. Thanks for bringing him in this podcast and I have heard a best interactive podcast after a long time❤
This might be episode of the year - if you haven’t listened yet, make sure you have your note pad. It took me 3.5 hours to finish because I kept rewinding and taking notes 🔥🔥🔥🔥
I didn't knew Mr Pabrai before this, I never knew there is a guy who has the exat same thoughts as I do, even his quotes mean the same that I give to my friends and my patients, Absolutely loved the pod cast, would love to see Mr Pabrai once and may be partner with him in doing something even greater. One thing I noticed is our hunger for knowledge, what an excellent way to put that in words. Salute
Have seen many interviews with Monish, but this one is different. Shaan gets the best out of his podcast guest. Thank you! I am pumped to continue pursuing asymmetry
Its the most incredible interview i have seen in a long time. As a fellow indian tryna make it in business in us, this is by far the most inspiring videos ever.
Just learnt few ways productivity can be managed, Appreciate the sense of detailed content...Everything can be made easier although a lot of ways to gamble on productivity has made it tough, It's so common that to some extent you have to participate at least attempt to get ahead and hopefully secure a comfortable retirement. Money sitting in the bank does not grow, money not invested well can be unproductive
@Shaan Puri, a humble suggestion. The title needs to have the name " Mohnish Pabrai" mentioned somewhere .... can't miss that on such a classy interview.
The avg. American is having a tough time, I know I am not alone. There are others in same position as me. By certain statistics: 22% of americans have no retirement savings. 64% are worried that they will not have money in latter years while 47% of adults who are not yet retired think they have to work part-time in retirement. How can I best grow the 120k I have saved so far for retirement which has depleted over the years?
I agree with the reply above. I also think you should think about steps you can take to start. Start somewhere. Anything is better than being frozen even.
The decision on when to pick an Adviser is a very personal one. I take guidance from ‘Monica Mary Strigle‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
In retirement red zone, if you haven’t saved enough, cut expense. Don’t celebrate and buy a car when you get a promotion. Use science and math when it comes to money, sock away more money.
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Elizabeth Wesley.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
Shaan is always joking around and having fun with learnings...so in that vein here goes....Mohnish is not just the Indian W. Buffet, with that mustache and features he looks like he could pulll of the Monopoly man role also! Anyone else think so?
He's literally wearing a latex fake head. Mission Impossible was trying to tell us in the 90s. High net worth and operatives do this regularly. You can tell from how it doesn't look like a real human head, the "wet look" shiny head, neck, fake ears etc.
Great video, I've been interested in investing ever since I came across articles of people making up to $150,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?
I've purchased numerous stocks in individual firms. Because there are so many stocks that will skyrocket in the long run, it is currently safe to buy in on ETF and ride it out. Due to fud, I sold out early, but then retraced my ways and re-invested $350,000 with a financial advisor who manages my account. I received an 82% return last year and will see where it goes this year.
Whichever option you choose, be careful to seek advice from a trustworthy investment advisor. I do business with one, and she has helped me get a better handle on the stock/ETF market throughout this upheaval.
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diverssify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
The greatest episode ever. Wisdom, psychology of money, how to start, how to grow, how to execute, how to invest, how to be rich and how to give. Just wow.
I don't think we realize how lucky we are to have this podcast interview with Mohnish.
🤣😂😂 Mohnish is just talk. He has no record of achieving anything at all.
Imagine a prospective PE firm offers you a position and subsequently comes across this comment. I’d rescind that offer.
i had the same thought. Basing it on tbe Hindu way of life, I would say Mohnish, Warren,Charlie and such thinkers can be called Saints of Capitalism though it might sound weird. I want to live my life like these people
I hope we realize though, that everyone won't be nearly as lucky as Pabrai if you practice a strategy like that.
Sure he made billions doing nothing. People on the internet are funny
Unreal, this video is easily the best yet. Monish is a next level mind! The first 10 minutes around children was a life changing paradigm shift
The GOATED episode of the Pod
I appreciate that Shaan lets him speak without interruption.
Exactly
Yes agree,too much interruption. Actually he wants to speak much not the guest😂
that's a real podcaster do I believe whi h shaan did
Unlike Sam
Unlike L Howes
Most valuable interview yet. Wisdom about starting, not just expanding existing wealth.
Meeting Mohnish earlier this month at the Berkshire Hathaway event was a highlight of my week!
When I mentioned the upcoming MGM episode with Sean, his enthusiasm was infectious.
He's truly a giant in the field ( and physically), yet incredibly gracious.
Not only did he chat with me, but he also signed his book, "The Dhandho Investor," making the encounter even more memorable. This episode is unreal-I keep thinking it can't get better, but Sean, Sam, and the MFM team keep exceeding expectations!
Is he part of Berkshire Hathaway?
@@jetpark3743 No. He's a Shareholder but also friends with the Chairman - Warren Buffett
@@MONEYWISEDOCTOR At 1:36:53 Mohnish says "we".
Was looking forward to this one since you mentioned it a month ago. Thank you so much for bringing Mohnish on. Love this guy! At this point, maybe I should do a documentary about him :D
One of my heroes.
@@lennard3204зддддд😊😊йййййпйй❤❤й❤ййиййс ❤й
Doooooo it!!!
Yes!
I had never heard of Mohnish before Shaan mentioned him a couple weeks ago, but seriously I think this guy a gem of a find.. he seems so genuine and he’s not trying to push some agenda.. just sharing his thoughts and lessons.. he seems chill and really values his life and time.. I hope to keep these thoughts in mind throughout my life so that I can try to craft a life similar (at much less magnitude) to his! Awesome conversation
This is episode of the year hands down. Watch all your videos and love them all, but this is on another level. Mohnish is an incredible mind and guest.
Felt like this could have been a 5 hr long conversation and would have still felt too short! Never have listened to something 2 hrs long and felt what a gem but sad it's over so quickly
Same
This is the single best podcast in history for any business person looking for real knowledge
I always say " Entrepreneurs take risks" but i got corrected today.. thank you sir! "Entrepreneurs minimize risk" . Learned a lot from this interview!
At any party everyone will gather around him and listen to his stories for hours without ever getting bored. This alone is an incredible talent.
Correct
One of the most insightful discussions I've ever heard which just changed my life. Thks for interviewing Mr. Mohnish.
these stories of warren buffett are pure gold. So resourceful.
This is an ecxeptional interview. One that keeps on giving in every minute of it.
Just watched the full 2 hours non-stop! Amazing interview leaving space for Monish to speak and asking beautiful questions. Monish is unique. Thank you!
I regret not watching this interview earlier. I missed judge thinking it was just going to be bla bla.. This guy is down to earth, comes across as honest and extremely experienced.
Transparent
I just started listening and I caught myself thinking - this podcast is my favorite piece of content out there
mine too
Very impactful session. Can’t remember the last time I completed a full interview on CZcams. Thanks for the interview.
Shaan What I loved about you is the ability to wait and listen, it's phenomenal how you just wait!
I’ve been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?.
I will advice you should stop trading on your own if you keep losing.
I’d recommend Trisha Davis, her profit is great even when there’s a dip
Hey i'm shocked you just mentioned and recommended trisha davis, i thought i was the only one trading with her
you dont need to be shocked haha because i'm also a huge beneficiary of her
I've seen a lot of positive reviews about this professional, she must be exceptional for people to talk about her goodness
First time commenting here. Mohnish, you're an inspiration for every immigrant hustling to make it, and Shawn, you were amazing. Listening to this brought both tears and joy.
1:58:06 when he spoke about Charlie Munger, I had a burst of laugh and then a tear in my eyes. That story of reading 📚 was fantastic. Thank you so much for sharing such a wonderful story about him. That is how a man should be, no complaints, just go on.
I haven’t even watched yet but I think this is early candidate for episode of the year.
This is by far THE BEST mohnish interiew I saw. The interviewer was GREAT and had excellent scope of questions. Mohnish was focused and mentioned the most important attributes of an investor and shared great stories. THANK YOU !!! 🌹🌺🌻🌼🌷
What a fantastic guest! You need to bring Mohnish back on soon. A true wealth of knowledge. I write this as an adult who had multiple lemonade stands and a pretty solid Christmas time mistletoe hustle. 😂
nah.
Amazing interview. Mohnish exudes wisdom- an extremely intelligent, talented, generous human being. Always so humble too. And what a story teller. Thank you both.
Successful people don't become that way overnight. most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life🙏🙏🙏
People should remember: poverty is not an accident, a coincidence or an inevitability. It is something which is manufactured by the step or action we takes
you are right .
Most people don't invest due to ignorance.
People are scared of Investment because of high rate of scammers on the market
But of a truth they are scammers but real brokers are out there too waiting for investors.
Very, very nice interview…on both sides….and you both, quite gracious and generous in your choice of words
I'm 49 and earn about £2M ($2.5M) per year and save about 30% in HYSA's. I've been reading a lot of articles mentioning how w0rthless 'cash savings' are in this current unstable economy. D0 you suggest I invst in real estate, stocks or Gold?
A consistent 5% return from the bank and US securities sounds better to me than worrying about losing your money if the stock market falls. Also consider financial advisory with the size of your budget.
You should obviously consult a professional. However you have multiple options. 5% CD/Bond rates very low risk. Or buy equities and purchase puts for insurance. Either way you win.
The issue is most people have the "I want to do it myself mentality" but not equipped hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
*Sharon Lynne Hart* is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment
Amazing interview, Amazing interviewee, amazing, hard hitting essential questions. I feel blessed to have had the opportunity to listen to the words of wisdom. Great job.
This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.
It was really inspiring talk. 2h passed like a minute. Monish once copying his investment gurus, now become guru himself.
Such a fantastic interview!!! Really enjoyed every minute of this 👏
2 hours of pure gold!
Phenomenal mind, and great ability to explain things in a digestible way. One of my favorites on MFM
Great conversation and amazing lessons!
Aside from the "lemonade stand theory", which is complete nonsense xD.
Some skills take decades to master, and many lessons are learned through the journey of life. Many people only find the real motivation to do something more than work for someone else later in life. That's why the average age of a US successful startup founder is in their 40s, and it's not just me saying it, but data.
Sometimes it's a bit of luck, timing, and motivation, sometimes opportunities appeal later.
Thank you for sharing this amazing content.
Thanks a lot, Shaan! I especially liked the idea of finding something hated and unloved. You can often find a lot of mispricing in things that are disliked or hated.
I flew to Toronto in April just to tell him thank you. He changed my life.
Okay bot
Fantastic interview. If I can just internalize a tenth of his knowledge, and keep my emotions in check, I think things will be looking up soon.
Hi I am from India and father of kids below 10, the information you gave from this podcast is priceless
Thank you very much to both
This easily made my top 3 MFM ep! Mohnish appears to be such a humble gentlemen! I enjoyed all his stories.
Podcast introduction…. Beautifully done
What an amazing interview. I’m delighted to meet and listen from Mr Mohnish. I appreciate his deep respect to the investment gurus Charlie and Warren, and his exceptional articulation of his thoughts. Many thanks to your channel for making this interview 🙏🏻😊
Haydar Acun at Marmara Capital was who showed Mohnish Pabrai the companies in Turkiye. I hadn't known this nugget before this interview.
thanks man ...
This guy is fregin brilliant . Not sure about the circus stache but I find myself googling and buying into his fund. So smart.
Best intro by far. I love that narrative style
you can really hear the influence from Charlie and Buffet in his takes. thanks for introducing me to Mohnish
He's in the right country at the right time. India is on the upswing.
Assigned this podcast to my teens for summer HW. Very valuable info.
Investing well requires mental discipline to go against human nature, which is a laborious process. Purchasing during a panic, selling amid exhilaration, and hanging on while uninterested and yearning for any stimulation. Investing is 95% temperament and 5% intellect.
For many years, government policy has disregarded the future. The judgement day is almost here. I'm predicting the stock market to tumble by 80%. Real estate will become more appealing to investors than equities. There won't be any cash in banks. You need to think of a plan for surviving.
It's frequently the case that people don't realise how important financial advisors are until they suffer the consequences of making rash decisions. A few summers ago, following a difficult divorce, I recall needing support for my faltering business. After doing some research, I located a qualified advisor who worked hard to increase my reserves in spite of inflation. As a result, my reserves went from roughly $275k to $750k.
Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.
I'm happy with the advisor's professional and timely help. Their expertise gives one confidence. eager for further conversations.
There is some very interesting information in this interview I have not heard before. It’s motivated me. Thanks.
🔥🔥🔥 quality of guests lately. Unreal
What an amazing interview... Thank you!
my grandma always told me: Always trust every word coming from bold Indian man with a mustache..........................
Hit 200k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in March 2024
I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or whenever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That'd be enough to create a portfolio that would pay you between $50k to $70k in dividend income
Just because there are opportunities in the market doesn't mean you should go in blindly. To understand the potential factors that contribute to your financial growth, l'il advise you to seek the help of a professional
I completely agree; I am over 40 years old, recently retired, and have approximately $1m in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!
@@maryHenokNftbravo! I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
She's known as *Gertrude Margaret Quinto* One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
Well-done. Gertrude Margaret Quinto appears to be highly knowledgeable and very qualified, came across her consulting page just after inputting her full name on the web. In fact, Ive seen commentaries about advisors, but not one looks this phenomenal.
Extraordinary interview. A life’s worth of knowledge (actually, multiple lives). Thank you.
Everyone in the comments focused on themselves, their ideas, their situation
No one focused on the video, it's ideas, etc.
This the only podcast I have seen fully….. 2hrs of my time inside a library…. Worth it
I owe Shaan a tuition bill
🔥🔥 comment lol
Bidding for lunch starts at $50,000
100000
Where did you find this guy, he's so knowledgeable and his story telling way is awesome. Thanks for bringing him in this podcast and I have heard a best interactive podcast after a long time❤
This might be episode of the year - if you haven’t listened yet, make sure you have your note pad. It took me 3.5 hours to finish because I kept rewinding and taking notes 🔥🔥🔥🔥
thats the sign of a great ep
Sell those notes buddy!
@@MyFirstMillionPodsell those notes buddy
@@eastkailash7037 🤣🤣
I’m trying to apply these notes to my OF business 🤔
I didn't knew Mr Pabrai before this, I never knew there is a guy who has the exat same thoughts as I do, even his quotes mean the same that I give to my friends and my patients,
Absolutely loved the pod cast, would love to see Mr Pabrai once and may be partner with him in doing something even greater. One thing I noticed is our hunger for knowledge, what an excellent way to put that in words.
Salute
Thank you for making this video. Very valuable information
Have seen many interviews with Monish, but this one is different. Shaan gets the best out of his podcast guest. Thank you! I am pumped to continue pursuing asymmetry
Its the most incredible interview i have seen in a long time.
As a fellow indian tryna make it in business in us, this is by far the most inspiring videos ever.
Wow 🤩 learned a LOT! Did not even know about Monish. Thank You for this incredibly insightful podcast/interview👏🏼👌🏼👌🏼👌🏼
So humble and wise, Time well spent listening to Mohnish absolute legend
The dude so full of it .he made up those stories. Such an egomaniac. He was a conman some say.
@@matrixllc.5950 and you know this how exactly?
Just learnt few ways productivity can be managed, Appreciate the sense of detailed content...Everything can be made easier although a lot of ways to gamble on productivity has made it tough, It's so common that to some extent you have to participate at least attempt to get ahead and hopefully secure a comfortable retirement. Money sitting in the bank does not grow, money not invested well can be unproductive
He is exceptional in every aspect.
I watched the video with my 8 year old daughter and she enjoyed watching it. Thanks! :)
Turning $1M Into $1B+: A Masterclass From The Indian Warren Buffett. Thank you
Loved it… never really listened to Monish in depth so I am pleasantly surprised.
@Shaan Puri, a humble suggestion. The title needs to have the name " Mohnish Pabrai" mentioned somewhere .... can't miss that on such a classy interview.
Yes
I start coding at 11 and I’m now building my own blockchain and run 3 startups.
This is definitely one of your best podcasts yet. Thank you.
Listening to Mr. Mohnish is always enlightening and his Interview is the special one.
Incredible episode one of your top 10 for sure!
There are Givers, Takers, and Matchers... That just changed my life....
The avg. American is having a tough time, I know I am not alone. There are others in same position as me. By certain statistics: 22% of americans have no retirement savings. 64% are worried that they will not have money in latter years while 47% of adults who are not yet retired think they have to work part-time in retirement. How can I best grow the 120k I have saved so far for retirement which has depleted over the years?
Think about actions you’re taking that might be harming you such as carrying over credit card debt each month.
I agree with the reply above. I also think you should think about steps you can take to start. Start somewhere. Anything is better than being frozen even.
In my opinion, create a budget including income and expenses, do this with a financial advisor.
The decision on when to pick an Adviser is a very personal one. I take guidance from ‘Monica Mary Strigle‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
In retirement red zone, if you haven’t saved enough, cut expense. Don’t celebrate and buy a car when you get a promotion. Use science and math when it comes to money, sock away more money.
Not everything a rich man says is wisdom, this episode is the perfect example.
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Elizabeth Wesley.
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
The insights from Mohnish are pure gold.
I thought Rakesh Jhunjhunwala is called India’s Warren Buffet
Love this episode. One of my favourites by far!
Shaan is always joking around and having fun with learnings...so in that vein here goes....Mohnish is not just the Indian W. Buffet, with that mustache and features he looks like he could pulll of the Monopoly man role also! Anyone else think so?
No
He's literally wearing a latex fake head. Mission Impossible was trying to tell us in the 90s. High net worth and operatives do this regularly. You can tell from how it doesn't look like a real human head, the "wet look" shiny head, neck, fake ears etc.
Appreciation of mind not caring of outer look is more important
I was captivated by his story telling skills. Thanks for having him on.
our pleasure
Is this Sadhguru of investing?
Hope not. Sadhguru is a fraud.
Yes, inner investing
He is a con man
No. This man is real!
Chadguru is a scam
Enjoyed watching every minute of it. Normally I don't like to watch videos more than 15 minutes these days🤣🤣. Outstanding. Thank you Shaan.
Mohnish calling Mark Zuckerberg a Patel was a serious compliment that shouldn't be looked over.
What an Episode! So many takeaways. Time well spent
I need to start with turning minus $1548 to $1M , any masterclass on that?
Invest in you
This interview is worth listening to as well as lessons for life to be learned as well as implemented
Unfortunately… I am 53 years old but there is something call neuroplasticity. I can grow some new neurons investing oriented my friends.
Inspiring stories and experiences.. starting lessons for children and last 5 minutes for charlie are key takeaways
Great video, I've been interested in investing ever since I came across articles of people making up to $150,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?
I've purchased numerous stocks in individual firms. Because there are so many stocks that will skyrocket in the long run, it is currently safe to buy in on ETF and ride it out. Due to fud, I sold out early, but then retraced my ways and re-invested $350,000 with a financial advisor who manages my account. I received an 82% return last year and will see where it goes this year.
Whichever option you choose, be careful to seek advice from a trustworthy investment advisor. I do business with one, and she has helped me get a better handle on the stock/ETF market throughout this upheaval.
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diverssify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.
Mind if I ask you to recommend this particular coach you using their service?
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
What an amazing man. Uou gave me the chance to get to know him better. Thank you!
F, I have to go to the gym again to listen to this.
That's what I do too. People ask "What music do you listen to?" haha no Music, just pods.
One of best version of Monish pabrai.excellent session..