Musings by Mohnish Pabrai...

Mohnish Pabrai is the founder and Managing Partner of the Pabrai Investments Funds, the Portfolio Manager of the Pabrai Wagons Fund, the founder of the Dakshana Foundation, and the author of The Dhandho Investor and Mosaic: Perspectives on Investing​.

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.

Beware of Scams Using My Name - Mohnish Pabrai

7/9/2025

I have been made aware that scammers and fraudsters are using my name, picture and doctored videos to target people online with fraudulent attempts to send money to be invested in non-existent investment schemes or for compensation for investment tips. The examples I’ve seen so far have been in perpetrated in India, but they may be elsewhere too. These are totally fake. Please read below to protect yourself:

  • I presently manage only three investment vehicles: (1) Pabrai Investment Funds, which are private funds for high net worth accredited and qualified investors, (2) the Pabrai Wagons Fund, a mutual fund for retail investors, and (3) Dhandho Holdings, which is private and open only to high net worth accredited and qualified investors. If you are being solicited to send money to any other fund that claims to be managed by ​me or for any investment tips, do not do it. Please report it to mpabrai@pabraifunds.com.
  • I will never, ever ask you to send money through WhatsApp, X (Twitter), Facebook, Telegram, Skype or any other text-based messaging app. If you are being asked to send money through any of these platforms to any individual or entity that claims to have any connection to me, do not do it. Please report it to mpabrai@pabraifunds.com.
  • Business e-mail communication from me or my team will always come from one of our registered domains, which are: @pabraifunds.com, @dhandhofunds.com or @wagonsfund.com. Please double check the email domain names of emails that you receive. Do not respond to any emails coming from any other domain extension except for those coming from our email address.

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Session with Ashoka Investment Club on April 22, 2025

5/23/2025

I enjoyed my session with students at the Ashoka Investment Club. I talked about Charlie Munger's mental models and how they provide an edge in various phases, impact of macro-economic factors in investing, and focusing on circle of competence in investing.

Enjoy!

‍www.youtube.com/watch?v=YBinkgDRPHo​

Here is the link to the podcast:​

If you prefer reading over listening, here is the transcript.

Talk with the My First Million podcast on March 27, 2025

5/12/2025

I very much enjoyed my interview with Shaan Puri at My First Million podcast. I talked about the best practices in investing to make a million, Warren Buffett's selection process for stocks, and the Dakshana Foundation.

Enjoy!

‍www.youtube.com/watch?v=3xbhKOzNBW8

‍​Here is the link to the podcast:

If you prefer reading over listening, here is the transcript.

Interview at The Money Mindset with Sonia Shenoy on February 15, 2025

4/25/2025

I enjoyed my session with Sonia Shenoy at The Money Mindset podcast. I talked about Marcus Aurelius and stoic philosophy, valuable lessons learnt from Warren Buffett and Charlie Munger and importance of responsibilities, and values vs money in life.

Enjoy!

‍www.youtube.com/watch?v=HSq4QOCuuDA​

Here is the link to the podcast:

If you prefer reading over listening, here is the transcript.

Q&A session with Dakshana Scholars at JNV Lucknow on July 14, 2024

3/25/2025

I enjoyed my session with Dakshana scholars at JNV Lucknow. I talked about India's shrimp industry and its success, the rule of 72 and how focus is the secret of success.

Enjoy!

‍www.youtube.com/watch?v=HzGEHzB3KP4​

Here is the link to the podcast:

If you prefer reading over listening, here is the transcript.

‍

Q&A session with Dakshana Scholars at Dakshana Valley, Pune on December 26, 2024

3/25/2025

I enjoyed my session with the scholars at Dakshana Valley on December 26, 2024. I talked about Dakshana's success story, cloning successful models and the power of compounding.

Enjoy!

‍www.youtube.com/watch?v=KqE58fFHE2c​

Here is the link to the podcast:

If you prefer reading over listening, here is the transcript.

‍

Interview at the Capital Compounders Show on February 25, 2025

3/21/2025

I enjoyed my interview with Robin Speziale at the Capital Compounders Show. I talked about Sam Walton and his pivotal role in expansion of Walmart, my move from Irvine to Austin and setting up here and playing bridge with Warren Buffett and Charlie Munger and how this game develops probabilistic thinking.

Enjoy!

‍www.youtube.com/watch?v=Eww63NIxKew​

Here is the link to the podcast:

If you prefer reading over listening, here is the transcript.

Guest Lecture at Microsoft on November 15, 2024

3/6/2025

I enjoyed my session with Microsoft on November 15, 2024. I talked about value vs. growth investing, advantages of cloning ideas and significance of value system.

Enjoy!

‍https://www.youtube.com/watch?v=DS4lhTSZMRc​

Here is the link to the podcast:

If you prefer reading over listening, here is the transcript.

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Interview at MOI Global on January 21, 2025

2/27/2025

I enjoyed my interview with Manual of Ideas Global for Best Ideas 2025. I talked about the boom and bust cycles in various industries especially industrial real estate and oil and shipping, investing in coal businesses, and selecting ideas for creating a portfolio.

Enjoy!

https://www.youtube.com/watch?v=MGqKFwtCWnU

Here is the link to the podcast:​

If you prefer reading over listening, here is the transcript.

Session with CIBS at University of Cambridge on January 31, 2025

2/20/2025

I very much enjoyed my session with the Cambridge Investment Banking Society of the University of Cambridge on January 31, 2025. I talked about Marcus Aurelius and stoic philosophy, how to take advantage of the anomalies of the market and about handling the portfolio concentration risks.

Enjoy!

‍https://www.youtube.com/watch?v=JpGi2c7a1gw​

Here is the link to the podcast:

If you prefer reading over listening, here is the transcript.

Talk with GreenHaven Road Partners Fund on October 29, 2024

12/1/2024

I enjoyed my session about philanthropy with the GreenHaven Road Partners Fund. I talked about the importance of feedback loops in philanthropy, operating model and return of investment at the Dakshana Foundation, and being focused on the cause in philanthropy.

Enjoy!

‍www.youtube.com/watch?v=sDQD2CQ8MXk​

Here is the link to the podcast:​

If you prefer reading over listening, here is the transcript.

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