transcript · 20,624 words

Turning $1M Into $1B+: A Masterclass From The Indian Warren Buffett

Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio

An idea is like an asshole. Everyone has one. Okay, ideas don't mean anything. This guy is known as the Indian Warren Buffett. He's billionaire investor Monash Pabry. And last month I went to his house and asked him to teach me everything he knows about investing. How did you make your money? After taxes, after everything, I got a million dollars. And I for the first time. had money in the bank. That million became worth 13 million. And uh I said, wow, well done, Monish.

And uh so they got seventy percent a year compounded. How the hell were you getting these returns? I'm always looking at what is hated and loved. The key to moving the needle is inactivity. Good afternoon, Mr Buffett, and good afternoon, Mr Munger. My name is Monish Pabry. How does that happen? It shouldn't happen.

When I look at a CEO I always try to find out. Did they run a lemonade stand when they were twelve? Because if they didn't run the emergen stand when they were twelve. they're not gonna be that great at business at thirty. How stupid can you be?

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