Legendary value investor Mohnish Pabrai on Reysas, Position Sizing, Big Tech, ChatGPT and more

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  • Опубліковано 20 лют 2023
  • In a wide ranging discussion with legendary value investor Mohnish Pabrai, we hear about his investments in Reysas, Brookfield, his thoughts on position sizing and concentration as well as Big Tech and how ChatGPT (and others) might disrupt the space.
    For more access to investment discussions and actionable investment research, join the SumZero investment community by starting your free trial today - www.sumzero.com/apply

КОМЕНТАРІ • 76

  • @77magicbus
    @77magicbus 5 місяців тому +1

    The more I listen to Mohnish, the better I like him. He is without ego as are most great investors, and is very well read. He does his research and thinks about all the metrics while looking at different businesses.

  • @balkan3381
    @balkan3381 Рік тому +4

    It was a very good publication. Thanks to Mohnish Pabrai's videos, I learned how to be an investor and how an investor should think. The examples he gives for Turkey are the parts that investors should watch very carefully.

  • @susymay7831
    @susymay7831 Рік тому +16

    Timestamps would help your nice videos; 👍
    Great guest and great interview.

  • @supersonicej
    @supersonicej Рік тому +2

    Thank you!

  • @varunjain5789
    @varunjain5789 Рік тому

    Sumzero host asks excellent questions..

  • @bradmanlaird3507
    @bradmanlaird3507 Рік тому

    Does anyone know how I can buy RYSAS in Australia?

  • @WorldsEdge608
    @WorldsEdge608 Рік тому +6

    no time stamps on video??

    •  6 місяців тому

      What's the hurry?

  • @shahali7596
    @shahali7596 Рік тому +1

    I like how he invested in Turkey in businesses that don't get affected much from inflation. If the Arab countries like Qatar, Saudi Arabia and UAE diversify their businesses, Turkey can play as a major partner in many fields. The airports business is so complex like the airlines business but definitely if you play your cards well you have a monopoly. Didn't understand why he is not long with Alibaba and Tencent anymore like he used to be. Overall great interview as always!

  • @123gostly
    @123gostly Рік тому +7

    Thanks for sharing this. Love listening to Mohnish!

    • @prat-man
      @prat-man Рік тому

      He says same things again and again, aren't you bored?

  • @ahmedxh
    @ahmedxh Рік тому +1

    I missed the part where he talked about chatgpt

  • @deatherly42
    @deatherly42 Рік тому +6

    This was terrific...thank you both very much.

  • @MrHossam51
    @MrHossam51 Рік тому

    Where is the microns question 😢

  • @turnacouv8757
    @turnacouv8757 10 місяців тому

    is new invesment Aefes? written on twitter

  • @DGA-808
    @DGA-808 Рік тому +1

    Tav Airports, very interwsitng

  • @poonampal400
    @poonampal400 Рік тому

    Whoooo

  • @crohmer
    @crohmer Рік тому +1

    how many times is this guy going to say um?

  • @johnnyt673
    @johnnyt673 Рік тому +1

    Not seeing much cashflow at Reysas

  • @silverheart573
    @silverheart573 Рік тому

    Hi , im new and I’m truly curious how did Mr Mohnish came to conclusion for BN intrinsic value and how is the Dhandho thought for BN work?

  • @zuma404
    @zuma404 Рік тому +1

    1st like! Woooooo!!!! 😎

  • @mimmonobile2503
    @mimmonobile2503 Рік тому

    Does anybody know how to buy REYSAS from Europe?

    • @hezarfen_1923
      @hezarfen_1923 Рік тому

      Hi, maybe HSBC, CS, Deutsche, BNP Paribas might help you since they all have an office in Istanbul.

  • @jeremynewell9903
    @jeremynewell9903 Рік тому

    Agreed, everything has been macro for too long

  • @DFV0506
    @DFV0506 Рік тому

    How does he get to $200 mln cash flow in 2026 for Adany Airport? They made $19 mln in 2019, so even with the new terminal it won’t even be close to that number?

  • @freedomworks3976
    @freedomworks3976 Рік тому +1

    Is that a bust of Charlie Munger behind him ???

  • @tvm73827
    @tvm73827 Рік тому +8

    I’m not being disrespectful at all and this is a genuine question. What makes Mr. Pabrai “legendary” as the title suggests? I’ve seen this term used with Steve Jobs, Elon Musk and even people like Warren Buffet. But maybe I’ve missed Mr. Pabrai’s achievements. Please illuminate.

    • @liyexiang666
      @liyexiang666 Рік тому

      he has good long-term track record. That said, i wouldn't call it legendary record tho

    • @animishmusic5817
      @animishmusic5817 Рік тому

      he's setup dakshana foundation in India, look it up ! hundreds of children are being educated and more.

    • @tvm73827
      @tvm73827 Рік тому +2

      @@animishmusic5817 Great to know. That would make him a charitable person. Not a "legendary value investor". Why are terms being confused? I'm not diminishing anything about him being a noble human being.

    • @animishmusic5817
      @animishmusic5817 Рік тому

      @@tvm73827 that's your perception, each to their own

    • @tvm73827
      @tvm73827 Рік тому

      @@animishmusic5817 🙏🙏

  • @manuvns
    @manuvns Рік тому

    The biggest problem with turkish markets is the leadership ., better invest in indian nifty next 50 index or small cap

  • @PeterParker-wj3cr
    @PeterParker-wj3cr Рік тому +2

    Is Mohnish referring to brookfield asset management????

  • @mohlini1
    @mohlini1 Рік тому +1

    How to invest in Turkey from UK. It is impossible

  • @dattaamitabh
    @dattaamitabh Рік тому +4

    The difference in excitement when Mohnish speaks of his Turkish ventures vs. North American (starting from Brookfield) is noticeable hahaha.

  • @BrandonRodriguez283
    @BrandonRodriguez283 10 місяців тому

    reysas being pumped by pabrai, again, who wouldve known?

  • @dennisstevenson7038
    @dennisstevenson7038 Рік тому +10

    Amazing video and thank you for breaking it down!! Despite the economic downturn, I'm so happy have been earning $ 60,000 returns from my $7,000 investment every 10days..

    • @JessicaMadilyn
      @JessicaMadilyn Рік тому

      Really, I think I will start with 3k USD when I got home...

    • @preachersdaughterss
      @preachersdaughterss Рік тому

      Good to see how you guys came up here to show keen appreciation to Mrs Jessica Madilyn McMain.. This was exactly how I got recommendation about Mrs Jessica., At first I was a bit skeptical but eventually I gave her A trail with my little investment I got huge profit

    • @MotoM0nk
      @MotoM0nk Рік тому

      SCAM SCAM SCAM SCAM SCAM

  • @poonampal400
    @poonampal400 Рік тому +6

    Very disappointed to see Mohanish lying first time. He knows very well the corruption of Adani

    • @dattaamitabh
      @dattaamitabh Рік тому +5

      if you listened to carefully - he ducked the question more or less except speaking briefly about strength of business and how expensive it is. Didn't get into corporate governance issues and highlighted the fact that large indian mutual funds do not own Adani

    • @poonampal400
      @poonampal400 Рік тому +2

      @@dattaamitabh yes, he ducked. Not accepted this diplomatic behaviour from him. Not a level of integrity expected from him
      May be that is why he says that some day Charlie and Warren will find out who the hell he really is and kick out of the circle.

    • @stefanvasilev8948
      @stefanvasilev8948 Рік тому

      @@poonampal400 Do you think he is a fox?

    • @cricbuzz1123
      @cricbuzz1123 Рік тому +1

      ​@poonam pal you are probably making an assumption that he knows. He probably knows the difference between fact and story. While there is a good chance that adani turns out to be crook, it is still not proven. So pabrai doesn't want to speak on something he doesn't know.

    • @kunalseth6437
      @kunalseth6437 Рік тому

      @poonampal400 you are assuming there is corruption. Lots of people are biased, nothing is proven

  • @marccappelli4414
    @marccappelli4414 Рік тому

    Reysas can also be traded on Etrade as RYSKF @ $4-to $ 6 per. trade....better then *80 + @ fidelity

  • @Eline_Meijer
    @Eline_Meijer Рік тому +14

    Legendary? He averaged 11% in the last 20 years. I averaged 12.7% in the last 20 years, am I legendary? Give me a break

    • @sxy2378t
      @sxy2378t Рік тому +5

      Manage small amount of money is much easier than huge amount. For small amount, I have made 20x within one year, but it is definitely not for big money

    • @Tendomcgoobin
      @Tendomcgoobin Рік тому +1

      ​@@sxy2378t And you aren't legendary either. Original point stands.

    • @rokyericksonroks
      @rokyericksonroks Рік тому

      Given that There Is No Alternative (TINA) was prevalent for most of the last twenty years, those are lukewarm results. Still, satisfactory if not too much risk was engaged in making those gains.

    • @udbhav27
      @udbhav27 Рік тому +2

      @@rokyericksonroks hahahaha yeah. He is hyped up alot

    • @ralphlotus
      @ralphlotus Рік тому

      100,000 × 0.127 or 1,000,000 × 0.11

  • @muzzapj86
    @muzzapj86 Рік тому +4

    Monish Flip flop Pabrai. Not so long ago he was long Baba and Tencent.

  • @nudemhomesinc
    @nudemhomesinc Рік тому +1

    turkey has many many human rights problems. how can we expect a strong economy?

  • @fmalexander5555
    @fmalexander5555 Рік тому +2

    HEX and Richard Heart - Stomping EVERYTHING 🧡💛💚🤎🤍❤️💜 🔥🔥🔥

  • @freedomworks3976
    @freedomworks3976 Рік тому

    Is that a bust of Charlie Munger behind him ???