Learn the "Heads I win, Tails I don't lose much" way of investing! with Mohnish Pabrai

What will you learn in this webinar?<

Mohnish Pabrai is a well-known investor and managing partner of the investment firm called Pabrai Investment Funds. In this far-sighted session, our CEO, Radhika Gupta and Mohnish discuss the bridge, Dhandho investing, Mohnish’s lunch with Warren Buffett, the importance of patience in investing and the current investment landscape.

Key learnings from this webinar

Most of us tend to conform to society and do what the world expects from us. We all have a core map of who we are on the inside and then we act as who we are on the outside. Thus, not many of us take the entrepreneurial journey or invest our money. However, discipline and a few simple steps can help us make this leap.

• The thought process is that entrepreneurs take risk. However, in reality, entrepreneurs actively try to minimize risk. . They adopt an approach to doing business that gives them more upside than downside
• Investors should adopt a similar approach. Thus, before making an investment, you must evaluate the investment judiciously
• The first thing you need to do is ask yourself – how will I lose money in this investment? Focus on the downside rather than the upside. Always look for investments where the downside is muted
• Making investments in leveraged businesses can be very challenging.It is always best to avoid businesses that are highly leveraged
• A good business is one which is not leveraged, has a strong management, a credible ethos, and a robust moat
• You don’t make money when you buy stocks, but you make money when you sell them. Thus, it is important to practice patience even in the most trying or volatile times
• When talking about wealth, you really should not be concerned much about the money that you are going to make. Rather, focus on how much money you can lose.