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:

• 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.

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