TIP442: Investing in Stocks w/ Mohnish Pabrai

On today’s show, Stig Brodersen talks with legend value investor Mohnish Pabrai. In the interview, Mohnish Pabrai shares his thoughts on Alibaba, Tencent, a personal letter from Warren Buffett, and much more.  IN THIS EPISODE, YOU'LL LEARN: 01:18 - What Warren Buffett’s letter to Mohnish Pabrai said. 04:53 - What is Mohnish Pabrai’s driver for being an asset manager?  07:47 - What is Mohnish Pabrai’s role with Dakshana Foundation.  13:47 - Is it an advantage to spend money on research tools. 14:44 - Mohnish Pabrai’s natural biases. 24:16 - What to look for in an asset manager.  38:47 - How and why invest in a country with secular inflation and the investment case for Reysas Logistics. 48:45 - Thoughts on Alibaba and why there is no concern with the VIE structure. 50:33 - Thoughts on Tencent and why it might be a better business than Alibaba.  *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Learn more about Mohnish Pabrai’s Dakshana Foundation. Mohnish Pabrai’s website. Listen to our interview with Mohnish Pabrai about value investing and philanthropy or watch the video. Tune in to our interview with Mohnish Pabrai about value investing or watch the video. Listen to our interview with Mohnish Pabrai about value investing in 2021 or watch the video. Tune in to our interview with William Green about Mohnish Pabrai or watch the video. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts.  SPONSORS Support our free podcast by supporting our sponsors: River Toyota Meyka AT&T Vacasa Fidelity Monarch Money Yahoo! Finance Long Angle Public USPS American Express Shopify Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm