👉 SUBSCRIBE NOW TO THE CAPITAL COMPOUNDERS SHOW: https://www.youtube.com/@robinspeziale 💎 BECOME AN ELITE CHANNEL MEMBER TO ACCESS PERKS: https://www.youtube.com/channel/UCbq8... 📰 SIGN UP TO MY FREE NEWSLETTER (JOIN 5,000+): https://robinspeziale.substack.com 📺 WATCH NEXT: https://youtu.be/TKkKmPmmJgg?si=uCUlQ... https://youtu.be/85TZVTnEFBU?si=lSuan... https://youtu.be/RWYtAk2iX3k?si=VIZph... https://youtu.be/jkc7pgnvqQU?si=qYyyq... https://youtu.be/h6prmjyF9jo?si=GtX2f... https://youtu.be/z9zCyHynaGs?si=bSLB7... https://youtu.be/DNftapufIlo?si=TJIwU... https://youtu.be/8j2nJ_WHLwM?si=12Oc6... https://youtu.be/gkiYBjoHsic?si=S9l1c... https://youtu.be/MT-alfC-yog?si=vm7XB... 📚 BUY MY BOOKS: - Market Masters: https://amzn.to/3Vfexu6 - Capital Compounders: https://amzn.to/4eYP7bn - Lessons From The Successful Investor: https://amzn.to/3Zj2ai1 𝕏 FOLLOW ME: https://x.com/RobinSpeziale 💰 DOWNLOAD KOHO AND ADD $50 CASH TO GET $20 FREE: https://web.koho.ca/referral/UGXXKO6S 🎙️WANT TO BE A GUEST? Email me at r.speziale@gmail.com. In this engaging conversation, Mohnish Pabrai shares insights into his life, investment philosophy, and the impact of his work with the Dakshana Foundation. Pabrai discusses his recent move to Austin TX, the design of his library, and reflections on turning 60. Pabrai emphasizes the importance of compounding, cloning in investing, and the significance of maintaining a concentrated portfolio. He also highlights the value of games like bridge in enhancing probabilistic thinking, and the role of share buybacks in wealth creation. KEY TAKEAWAYS: - Mohnish believes that playing bridge enhances one's skills in probabilistic thinking; beneficial for investing - Cloning successful investment strategies is a fundamental part of Pabrai's approach - Identifying compounders takes time and often reveals their true value only after ownership - Concentration in a portfolio can lead to significant wealth accumulation over time - Share buybacks can be a powerful tool for enhancing shareholder value when executed wisely #CapitalCompoundersShow #investing #stocks ________________________________________________ CHAPTERS: 00:00 Introduction to Mohnish Pabrai 02:12 The Move to Austin, Texas: Reasons & Reflections 06:05 Designing the Perfect Library 10:11 Turning 60: Reflections on Life & Philosophy 14:04 Impacting Lives: The Dakshana Foundation 18:16 The Game of Compounding: Life as a Math Game 19:58 Bridge: Game of Strategy & Probability (incl. Buffett & Munger Stories) 29:56 The Importance of Cloning in Investing 40:27 Understanding Compounders and Long-Term Ownership 55:43 Concentration vs. Diversification in Investing 01:00:05 The Power of Share Buybacks and Cannibalization 01:02:58 Outro ________________________________________________ GET IN TOUCH: ✉️ For business inquires, please use this email: r.speziale@gmail.com 💡 Some of the links in this description are affiliate links that I get a commission on *** DISCLAIMER: This content is for informational purposes only, and should not be construed as offering of investment advice or stock recommendations. This content is based on the author's independent analysis and research and does not guarantee the information's accuracy or completeness. The information contained in this video is subject to change without notice, and the author assumes no responsibility to update the information contained in this video. All information contained herein this video should be independently verified with the sources and companies mentioned. The author is not responsible for errors or omissions. The author does not purport to tell or suggest which investment securities viewers should buy or sell for themselves. Those viewers seeking direct investment advice should consult a qualified, registered, investment professional. The author is not a professional or financial advisor, and does not provide financial advice. Viewers are advised to conduct their own due diligence prior to considering buying or selling any stock. The author will not be liable for any loss or damage caused by a viewer's reliance on information obtained in any of this content. It’s important to understand that investing involves risk, including loss of principal. The author is not engaged in any investor relations agreements with any of the publicly traded companies mentioned. The author does not receive compensation of any kind from any publicly traded companies that are mentioned in any of this content. The author has acquired and may trade shares of some of the companies mentioned through open market transactions and for investment purposes only. Refer to the “author’s ownership disclosure” where applicable. There may be affiliate links to Amazon, and other companies in which the author is compensated if any of the affiliate products are purchased from Amazon.ca/.com or any other companies.
🚀 From public company CEOs and hedge fund managers to investors and visionary leaders who are building, financing, and investing in the newest high-growth companies, I’ll be bringing you their strategies, stories, and wealth-creation / company building tips that you can apply too! 🎙️Want to be a guest on the show? Email me at r.speziale@gmail.com. Robin Speziale is a DIY Investor, and Globe & Mail National Bestselling Author of Market Masters, and Capital Compounders. 👋 Let's connect: - Email: r.speziale@gmail.com - Website: RobinSpeziale.com - X.com: @RobinSpeziale DISCLAIMER: This content is for informational purposes only, and should not be construed as offering of investment advice or stock recommendations. The author does not purport to tell or suggest which investment securities viewers should buy or sell for themselves. Those viewers seeking direct investment advice should consult a registered investment professional.