► Need Term or Health Insurance?
Schedule a free 30-minute consultation : https://ditto.sh/0bxlo5

► 26,000+ readers have joined my Investing Newsletter
Subscribe Now : http://shankarnath.com

This video is a summary of a Mohnish Pabrai's talk where he shared his insights on investment management, drawing inspiration from diverse sources ranging from ancient scriptures to modern-day finance. Mr. Pabrai's discourse comes in the form of 10 focused commandments offering invaluable guidance for investors which includes:
1. Investment managers should avoid exploiting situations, particularly by charging excessive fees
2. Investing is an individual pursuit and Mohnish Pabrai emphasizes the importance of personal research and forming one's investment thesis rather than relying on others
3. Investing is an inexact science with a high error-rate
4. Pabrai suggests seeking companies with the potential to reach a PE ratio of 1, indicating significant upside potential
5. Investing decisions should be based on fundamental principles rather than complex financial models
6. Importance of resilience and resourcefulness in overcoming challenges, drawing parallels between personal and investment adversity.
7. Like Arjuna's focus in hitting the fish's eye, investors should concentrate on the core aspects of a business rather than being distracted by external noise.
8. Short-selling is viewed as speculative and risky, with potential for unlimited losses. Pabrai advises focusing on identifying robust companies with long-term growth prospects instead.
9. Financial independence and prudence are emphasized, advocating for living within one's means, avoiding debt, prioritizing savings, and investing wisely.
10. Pabrai encourages investors to replicate the strategies of successful investors and learn from their best ideas.

👉 Video Chapters:
00:00 Ten Commandments of Investing by Mohnish Pabrai
01:07 1. Thou Shalt Not Skim Off the Top
02:30 2. Thou Shalt Not Have an Investment Team
04:15 3. Thou Shalt Be Wrong Atleast One-Third of the Time
05:27 4. Thou Shalt Look for Hidden PE of One
07:41 5. Thou Shalt Never Use Excel
08:51 6. Thou Shalt Have a Rope to Climb Out of the Deepest Well
10:09 7. Thou Shalt Be Singularly Focused like Arjuna
11:40 8. Thou Shalt Never Short a Stock
12:30 9. Thou Shalt Not Be a Lender or Borrower
13:48 10. Thou Shalt Be a Shameless Cloner
12:56 Shankar's Viewpoint

#mohnishpabrai #investingstrategy #investingtips

Disclaimer: I am not a SEBI registered investment advisor or research analyst. I am not registered with PFRDA or IRDA either. The content posted on this platform is purely for educational purposes and none of it constitutes investing or trading advice. Viewers should do their own research and diligence before investing or acting on the information presented. Some of the links I have posted in the video, the description, the comments and other related resources might be affiliate links