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 very much enjoyed this recent Q&A session with the students at the Asian Institute of Technology in Bangkok. We talked about Rakesh Jhunjhunwala's investing career, Uber Cannibals and investing in China.
Enjoy!
https://www.youtube.com/watch?v=wz8N5CkTA2w
Here is the link to the podcast:
I enjoyed my talk with CFA Society of Mexico on Multibaggers. We discussed different styles of investing, active fund management industry and the future of value investing.
Enjoy!
https://www.youtube.com/watch?v=MYR0tWgstMI
If you prefer reading over listening, here is the transcript.
I enjoyed my conversation with Lauren Templeton on Zenvesting podcast on Women Investors and Global Investing. We also discussed my relationship with Charlie Munger and investing in international markets.
Enjoy!
https://www.youtube.com/watch?v=E0_K-eFC8bQ
Here is the link to the podcast:
I enjoyed this talk and Q&A with TiE Austin Speaker Series - Investment & Entrepreneurs in downtown Austin on getting traction for your startup without outside funding. We also discussed my investing journey and Dakshana.
Enjoy!
https://www.youtube.com/watch?v=gE48QKFGEhI
Here is the link to the podcast:
I very much enjoyed my Q&A session on Value Investing with Narsee Monjee Institute of Management Studies, Mumbai. I discussed value investing, McDonald’s 60+ years of compounding and Global Multibaggers.
Enjoy!
https://www.youtube.com/watch?v=qBdieWfouZM&t=7s
Here is the link to the podcast:
If you prefer reading over listening, here is the transcript.
I enjoyed my interview on value investing for The Wall Street Lab Podcast. I talked about Dhandho investing, compounders and learning from mistakes.
Enjoy!
https://www.youtube.com/watch?v=b9ioA0J-p2M&t=34s
Here is the link to the podcast:
If you prefer reading over listening, here is the transcript.
I enjoyed my Q&A with Sandeep Parekh about Dakshana, Dot Com Bubble, shameless cloning and the power of compounding.
Enjoy!
https://www.youtube.com/watch?v=Y2zu_8w_2H0
I had a fun fireside chat at the HBS Investment Conference. The Investment Conference is one of the biggest conferences arranged by HBS students each year. It is attended by 400+ students across MBA programs who have a background or interest in the investment management industry. We talked about Ben Graham, micro vs marco investing and investment checklist.
Enjoy!
https://www.youtube.com/watch?v=hQsP8ogUp8k
Here is the link to the podcast:
If you prefer reading over listening, here is the transcript.
I very much enjoyed my Q&A session with Tom Dittrich for the Doctors Investing Group. I discussed value investing, diversified vs. concentrated portfolio and shameless cloning.
Enjoy!
https://www.youtube.com/watch?v=0SbspUlZW8A&t=389s
In late December 2016, I co-wrote an article on Forbes.com that introduced the "Uber Cannibals," a 5-stock investing strategy that invests in businesses aggressively buying back their own stock. This is a "set it and forget it for one year" strategy that rebalances every April when 5 companies are selected for the portfolio for the upcoming year. The Uber Cannibals is also part of the broader 15-stock Free Lunch Portfolio, which also invests in Shamelessly Cloned ideas and Spawners that are updated annually in December.
We are now ready for the April 2022 Uber Cannibals picks.
Recap of 2021 Uber Cannibals:
As a recap, in my 3/31/17 blog post exactly 5 years ago, we met Ms. Sonia Patel, who had embarked on her Uber Cannibals compounding journey with $100,000 from her IRA account at Interactive Brokers. Sonia invested in the first 5 Uber Cannibals on 1/3/17, and then rebalanced her portfolio every year in April. The 2021 Uber Cannibals were:
As of 3/31/22, Sonia's $100k was worth $177,379, up 11.5% annualized since inception. If Sonia had instead invested in the S&P 500 over that period, she would be up 16.5% annualized and her portfolio would be worth $222,674. Uber Cannibals was up 15.7% in the last 12 months, vs. 15.6% for the S&P 500. Uber Cannibals has managed to keep up with the S&P 500 for the last 12 months, despite no exposure to high-flying tech names.
All five Uber Cannibals paid dividends. As per our rules, Sonia reinvested those dividends back into the same businesses.
Please note, the Uber Cannibals performance assumes that stocks are bought at the high price of the day and sold at low price of the day, whereas S&P 500 and Small Dogs of the Dow performance assumes that stocks are bought at last close.
Below is the 12-month return of the 2021 Uber Cannibals:
The New 2022 Uber Cannibals:In the 2021 Uber Cannibals post, I talked about importance of holding on to great compounders and cannibals unless they get egregiously overvalued. In 2022, the algorithms did not serve up any cannibals that would improve the overall quality of the portfolio, and it does not seem that any of our five holdings are egregiously overvalued. So, we do nothing; there are no changes to the 2022 Uber Cannibals. Here are the 2022 Uber Cannibals:
If you are a new investor to the Uber Cannibals, you can just equal weight the five stocks (i.e., invest the same amount of money in each of these five) and keep that portfolio until April 2023, when I'll provide the 2023 portfolio on www.ChaiWithPabrai.com. Happy Cannibal Investing!
Note, anyone who invests in any strategy needs to do their own research/due diligence and are themselves fully responsible for the outcome.
