TIP812: Mohnish Pabrai on Berkshire & Letting Winners Run

You're listening to TIP. On today's episode, I'm joined by Monis Pop Ryan for our annual conversation published over the Berkshire Halloway weekend. We talk about what Birdshare might look like under Greg April and why $25 million in annual compensation is a bargain for shareholders. Later in the episode we discuss the biggest mistake investors make. selling the winners too early.

Money shares a story about his frontline investment he sold that later ran up 200X and what that taught him about patience and compounding. We also touched on concentration, the SCP 500 versus Berkshare over the next decade and the next century, and then we end with my favorite part of the conversation. Manius tells us this beautiful story about his friendship with Geispeer. Since 2014, with more than 200 million downloads, we have interviewed the world's best investors, studied deeply the principles of value investing, and uncovered many compelling investment opportunities. We focus on understanding businesses and intrinsic value, investing accordingly.

and sharing everything we learn with you. This show is not investment advice, it's intended for informational and entertainment purposes only. All opinions expressed by hosts and guests are solely their own, and they may have investments in the securities discussed. Now for your host, Stig Brodison. You're listening to the Investors podcast.

We already have this episode, so unlocking it is cheap and permanent: the full transcript (72 minutes, 12,024 words), segment and word-level timestamps, and .txt, .srt, .vtt and word-level JSON downloads, as many times as you like, forever.

No account needed, we create one from your checkout email. With credits it is 1 credit; packs start at 5 episodes for $3.49, and monthly plans are cheaper still.