Mohnish Pabrai: How to Earn 26% Returns Per Year (feat Chuck Akre) | Multibagger Investment Strategy

Awesome video, glad I found this channel, subscribed!

Nice explanation and examples. Thank you for the video. Learned a lot today.

ESTE VIDEO TIENE MUY ALTO VALOR DIDACTICO. MUCHAS GRACIAS !

Hey, awesome video. Where can I find the video of Mohnish responding to stock tips that you mention? Thanks

Terrific video. Appreciate the content

Wow!! I thought you would have hundreds of thousands subscribers because the quality is awesome! Found your channel today and instantly became a fan of your production. Keep it coming!!

Nice work bro. Ty

I just subbed because I love content on Mohnish Pabrai 😂🎉

Sounds much like Peter Lynch, who coined the term "multi-bagger." I think the key is moat, or more accurately, the first company to fill a huge consumer need that no one ever realized existed – but doing so with financials and management that ensure the moat is impossible to replicate. So the 3-leg stool is the support, but filling a large unmet need (or "moat") is the driving force. Lynch seemed to rely on common sense, just look around and see for yourself what companies people love that Wall Street hasn't yet noticed. Lynch could spot great moats with mere common sense (as you all can), while Buffett used complex mathematics to confirm if the moat is sustainable. Lynch-Buffett would have been a mega partnership.

thank you for the gold nugget

Super..iam subscribed your channel.. your videos are excellent..

Keep making videos like this and in 1 year you will have 30000 subscribers!

That limiter/gate was chaos on that audio processing . Yikes. Turn off the audio enhancements.

I've read that Pabrai's license plate is "COMLB 26", so he's been aiming for this for a while. 26% is also a double in three years. The problem is of course to find a compounder at the right stage. While listening to the video I looked at the examples he listed of McDonald's, Was Mart, and Coca Cola, and they have not been anywhere near 26% for the last 10 years. Visa and Mastercard on the other hand, is close. But how can we know that we should pick those companies, over the other companies? This is where the skill goes. It is easier said than done, for sure.

No one can predict. One important thing no one talks about is that if you have a capacity to buy a percentage of a company, opportunities come to you. They don't spend time on youtube or CNBC to get ideas.

Can anyone tell me whose statue is in the background?

He ahould invest in a better mic

A moment of silence for folks who invested in BAB hearing to him

26% is too much, even warren buffet over his life time is just 20%.

What Monish said between 3:40 and 4:53 is really confusing to me. I know he is considered a value investor, but I am fairly certain that Benjamin Graham, Charlie Munger and Warren Buffett all would disagree with what was said. The decision to keep an investment is nearly the same decision as making an investment. There are two differences that separates the two, taxes and uncertainty about value, since you never know the value down to the dollar. Holding on to an overvalued stock when you know it is overvalued is similar to buying an overvalued stock, pure speculation. An investor that is certain that the value of a business is less than it is value at would never hold on to the stock. Because if you are certain of the overvaluation, there is no way for you to lose. This is what can happen: Scenario A: The stock price falls back to a point that is below intrinsic value and you buy. Scenario B: The stock doesn’t fall below intrinsic value ever, but never gives a satisfactory return. No matter what happens you will never achieve a good return by holding on to a stock that you know is overvalued, unless you attempt to time the market by waiting for it to become more overvalued. An investor doesn’t try to play that game.