Mohnish Pabrai: This will save you 10 years of bad investments
Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio
What percentage of Americans who invest in stocks? Do you believe are good investors? Well under one percent. The game we're playing is transfer wealth from the active to the inactive. If you have that type of a temperament. It is. Orgasmic activity. Okay. If you are even a slightly above average investor, you can't help but get rich over a lifetime. What's the mistake that smart people are making? Many people die at twenty five and are buried at seventy-five. I saw Charlie make investments six days before he died. This is like life advice disguised as investing advice. Yeah.
Just quick reaction, bullish bearish on the S P index right now. Bearish. AI, how do you think about it as an investor? Invest in the pickaxe makers. Because the alphabets and meta's of the world are playing a game they haven't played before. So I wanna ask you the hardest question. Which is
I can rule the world, I know I can be what I want to I'm putting my all in it like my day's all on the road less travel, never looked for this back. Round three. Here we are. Elevated as always, we're on the pitch. What percentage of Americans who invest in stocks do you believe are good investors?
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