Chai with Pabrai

Mohnish Pabrai's Session with Copenhagen Business School Investment Club on August 25, 2026.


(00:00:00) - Introduction

(00:01:43) - Checklist for an aspiring fund manager

(00:03:00) - Evaluating the company's management team

(00:03:56) - Micron; Oligopolistic market situations; Coke & Pepsi

(00:08:31) - The 1973-74 Nifty-Fifty crash; Walmart & The Walton Family

(00:13:57) - Investing in Turkey; Reysas

(00:24:33) - Kaspi

(00:29:00) - Portfolio concentration; The Walton Family & Bentonville, Arkansas

(00:32:59) - Constellation Software Services

(00:34:12) - Reysas Logistics & Reysas REIT

(00:39:15) - Do your own analysis; Jeff Bezos and Amazon

(00:43:45) - Learning from Charlie Munger

The contents of this website are for educational and entertainment purposes only, and do not purport to be, and are not intended to be, financial, legal, accounting, tax or investment advice. Investments or strategies that are discussed may not be suitable for you, do not take into account your particular investment objectives, financial situation or needs and are not intended to provide investment advice or recommendations appropriate for you. Before making any investment or trade, consider whether it is suitable for you and consider seeking advice from your own financial or investment adviser. Views expressed on Chai with Pabrai are exclusively those of Mohnish Pabrai and not of any affiliated firm or organization.

Mohnish Pabrai's Interview with Brandon van der Kolk at New Money on July 21, 2026.


(00:00:00) - Introduction

(00:00:35) - Investing in Berkshire Hathaway Class B shares

(00:03:02) - Berkshire Hathaway: Handling a trillion-dollar portfolio

(00:06:19) - Berkshire's investment in Google

(00:09:36) - The gold rush: Memory businesses; Micron

(00:12:36) - Kaspi

(00:16:19) - Your deepest desire is your destiny; Finding stocks on Value Investors Club

(00:22:15) - Invest in your highest conviction bets

(00:25:50) - How to decide about investing in a stock; Adobe vs. Kaspi

(00:28:44) - SpaceX; Elon Musk

(00:32:54) - The too hard pile

(00:35:59) - Evaluating the management; NVR

(00:39:55) - Focus: The most important mental model

(00:41:20) - When to exit from a position; Impact of business moats

The contents of this website are for educational and entertainment purposes only, and do not purport to be, and are not intended to be, financial, legal, accounting, tax or investment advice. Investments or strategies that are discussed may not be suitable for you, do not take into account your particular investment objectives, financial situation or needs and are not intended to provide investment advice or recommendations appropriate for you. Before making any investment or trade, consider whether it is suitable for you and consider seeking advice from your own financial or investment adviser. Views expressed on Chai with Pabrai are exclusively those of Mohnish Pabrai and not of any affiliated firm or organization.

Professor Jiang Guohua's Students
"Compounding with the Spawners"
(00:00:00) - Introduction
(00:04:41) - Choices for an investor
(00:09:58) - The Path to Multi-Baggers
(00:13:35) - Spawners
(00:30:40) - The $50 Billion Rule
(00:33:57) - Pabrai Spawning rules
(00:36:46) - Set it and forget it
(00:42:58) - Conglomerates vs. Spawners in Emerging Markets
(00:43:52) - Fake Spawners
(01:06:27) - Core traits of Spawners
(01:19:12) - CMGI
(01:22:54) - When wealth is lost
(01:25:24) - Costco; Seritage
(01:29:18) - Entrepreneur's Advantage
(01:33:07) - Leverage and Debt

Knowledge Speakers Series
May 12, 2021
(00:00:00) - Introduction
(00:04:03) - Value vs Growth Investing
(00:29:23) - Investments in India
(00:38:25) - Learnings from Warren Buffett and Charlie Munger
(00:43:19) - Dakshana Foundation
(00:48:18) - Impact of COVID on businesses
(00:52:03) - Indian hotels business
(00:56:28) - What's a great business?
(00:58:17) - How to select Best Value Proposition?
(01:07:58) - Unicorns in India
(01:12:57) - Mohnish's schedule
(01:17:31) - Death and Rebirth business
(01:23:03) - India's growth and market

This event was sponsored by the LBS Investment Management Club and the LBS Indian Students Club
(00:00:00) - Introduction
(00:02:47) - Changes in our Economy post-COVID
(00:08:21) - Entrepreneur's Advantage
(00:15:11) - Advise to New Investors
(00:19:37) - Inner Scorecard
(00:24:09) - Evaluating Management
(00:30:42) - Investment in Graftech
(00:38:56) - Portfolio Construction
(00:43:46) - Mumbai Real Estate
(00:49:27) - Impact of Exchange Rate on Investments
(00:52:51) - Learnings from Nick Sleep