Mar 1, 2023
Jeff Pintar, CEO of Pintar Investment Company, and Mohnish Pabrai discuss what the world may look like post-Covid 19 and the current investment landscape. Jeff and Mohnish also have some banter about the lifetime ban Mohnish received in 2019 from playing Blackjack at a Las Vegas Casino due his winning system.
(00:00:00) - Introduction
(00:01:53) - Life after COVID
(00:03:24) - Policy decisions during the pandemic
(00:06:20) - Capitalism and businesses are fragile
(00:10:19) - My Investing Journey
(00:12:51) - Lifetime Blackjack Ban
(00:19:55) - Las Vegas
(00:22:56) - Value investing during the pandemic
(00:27:47) - Microsoft
(00:30:27) - Long term interest rates vs valuations
(00:32:06) - Buffett and Munger during the pandemic
(00:35:34) - Forget the macro, Focus on micro
(00:38:31) - Live Nation
(00:39:47) - Funeral services are great businesses
(00:43:12) - Zero Fee Structure
(00:47:41) - Investing is a solitary activity
(00:49:25) - The Dakshana story