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Chai with Pabrai


Q&A Session with Francis Chou at Harvard - April 7, 2020

Jul 1, 2020

Q&A Session: Mohnish Pabrai and Francis Chou Business Analysis and Valuation Course Professor Andrew Sandoe, Harvard University


(00:00:00) - Introduction


(00:05:48) - Purchase of Stonetrust Insurance


(00:10:44) - Insurance Business Model


(00:13:53) - Sale of Stonetrust Insurance


(00:28:16) - Valuing an Insurance company


(00:31:18) - Being a harsh grader


(00:38:16) - Circle of Competence


(00:52:46) - Start early with investing


(01:09:47) - Improving your Circle of Competence


(01:18:18) - Learnings from investment mistakes


(01:27:23) - Value Investment Categories


(01:50:43) - Probability estimation for outcomes


(01:56:46) - Philip Fisher’s Scuttlebutt method


(01:59:50) - Munger’s advice on sharing Investment ideas


(02:06:06) - Human response to Economy