Mohnish Pabrai's best Interview ever
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- čas přidán 12. 02. 2022
- As a big Fan of Mohnish Pabrai I was happy when someone sent me this recent interview with Mohnish Pabrai. During the interview he explains how to pick Stocks.
During the interview he mentioned that Investors should think about the entire Market Cap of a Company. If you wouldn't be willing to buy the entire Company for the price then don't even buy a single share.
He also explains how silly the concept of Stop Losses are for a long term Investors. All in all one of the best Mohnish Pabrai Interviews ever.
One of my favorite things about Indian people, is they like to keep it simple. Meaning, dont make decisions harder to answer with too much "fluff" or "B.S." which I see it many of my fellow Americans. Overall, they explain or at least try to explain complicated issues/situations with more simple words or ways to explain it. I hope that made sense and I didnt over complicate my praise, ha
Trust me he’s one of the few Indians who can articulate in a simple way. Most of us can’t. We love to complicate everything from religion, movies to political parties
"Over complicate my praise" 😅
@@SanaatanSatyaHai In economics and financial terms no.
His philosophy on investing comes directly from Warren Buffet
This is gold. Thank you Mohnish.
Same here, I am a big fan of Mohnish Pabrai.
But, I have a question to the interviewer, why we ask about stop loss to the long term investor like Mohnish Pabrai ? When we already know the answer from such a great investor. More quality questions are expected from interviewer.
Without an iota of doubt, Mohnish is one of the finest investment brains in the world. He makes investing really easy for you with his checklist options.
Great interview.
Very informative session
14:42 When to sell a stock
Phil Town teaches this in depth in his workshop and in his advanced courses.
I get what he is saying. But if a market is crashing, which is not due to this stock.. we should discuss cash reserves. And having the stop loss allows you to re-evaluate while the crash occurs. This is risk adverse.
I more align with Paul Tudor Jones approach.
But one thing that is wonderful about this market, we can all win!
Stop-Loss is what to the traders, is the Margin of safety for the investors. Calculating the Margin of safety requires more knowledge and analysis than calculating the stop-loss. When an investor like Monish buys a stake, it means, he is already within the Margin of safety.
Asking Monish Pabrai about stop loss is crazy 😂
amazing
Lokomo
Joel Greenblatt has simplified the way to pick a stock.
He created liquidity to sell his stocks of rain industries. See the date of interview and chart of rain industries
I would argue Margin of Safety are more important 3 words
"In US we have these wooden things called 2x4s, which we use in housing construction. I need to be hit in the head with a 2x4 to buy a stock."
Who is the indian investor that they mentioned? I could'nt make out pronounciation 'Ramdev'?
raamdeo agrawal
Ramdeo Agarwal, one of the founders of Motilal Oswal Financial services.
Lokomo
- Understand the business and market cap before investing [0:27]
- Determine if the stock is within your circle of competence [1:38]
- Use indexing for a diversified approach and simplicity [3:38]
- Avoid using stop-loss for long-term investments [4:31]
- Look for clear and obvious investment opportunities [10:33]
- Consider the company's growth potential even in fairly valued markets [11:43]
- Do not sell great companies just because they appear fully priced [15:48]
Guy keeps learning.
#CurtisGolphinKoreaViaChinaIndia
It’s really not hard to understand most businesses
It just takes time and an ability to remove any emotions involved and that my friend is hard most people are unable to do this.
I find it extremely hard to fully understand a business. Knowing what it sells etc is not enough. 95% goes to the too hard pile and that's just fine with me
Thats why youre not profitable. Clown
He literally said in this video buffett cant understand 95% of businesses but you can?
@@LL-wc4wn 🤡
I disagree with the fact that you will have no use for excel.