Reblog: Mohnish Pabrai’s Approach To Beating The Market


Mohnish Pabrai, managing partner of Pabrai Investment Funds, speaks during the Value Investing Congress in New York. Photographer: Daniel Barry/Bloomberg News

Since inception, Mohnish Pabrai has beat the stock market by triple digit returns. What was the key to his success? Pabrai would argue nothing unexpected or surprising.  In fact, he attributes his massive success to a keen sense of cloning other super-investors like Warren Buffett and Charlie Munger. On the investing podcast, Pabrai discussed a range of topics to help explain his way of thinking and methods for achieving such strong performance.

Preston Pysh: [2:29] You have an IT background that not a lot of people know about. Would you have taken a different career path if you had found value investing first?

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Reblog: The Evolution Of A Value Manager


The original article appears on valuewalk.com and is available here.

Over the years reading plenty of books on investing and studying many of the world’s greatest investors I’ve come to recognise how truly insightful the combination of Warren Buffett and Charlie Munger really are.

While Warren Buffett cites the book “The Intelligent Investor” as “by far the best book on investing ever written” his style evolved over the years in a large part influenced by Charlie Munger.

“Charlie shoved me in the direction of not just buying bargains, as Ben Graham had taught me.  This was the real impact Charlie had on me.  It took a powerful force to move me on from Graham’s limiting views.  It was the power of Charlie’s mind.  He expanded my horizons”  Warren Buffett

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