Mohnish Pabrai’s Interview session at The Diary of a CEO on July 13, 2025

Mohnish Pabrai’s Interview session with Steven Bartlett at The Diary of a CEO on July 13, 2025. 00:00:00 Cloning as a mental model; Bill Gates and Sam Walton 00:05:09 Entrepreneurs do not take risk 00:09:21 Focus on offering gaps 00:14:07 Understand customer requirement; Google Glass vs. Meta 00:17:17 Make your business cost-effective; Walmart & LVMH 00:19:22 Getting your music out; Bill Gates & Paul Allen 00:22:38 Find the calling in your life 00:24:52 My Owner's Manual 00:30:01 Capital investment in start-ups; Sir Richard Branson 00:37:56 Successfully reaching out to stakeholders 00:42:13 My family startups in the childhood; Cold calling 00:47:19 Adam Grant: Givers, takers and matchers 00:49:23 Recruiting the right people; Elon Musk & Steve Jobs 00:52:24 Fire fast, Hire slow 00:53:35 The three pillars of investing 00:54:42 Sale of Manhattan by Indians in 1623 & Rule of 72 00:59:48 Rules of investing; Saving the first dollar; Index investing 01:03:33 The Dhandho Investor; Minimizing risk with intact returns 01:08:00 Heads I win, Tails I don't lose too much 01:08:56 Offering gaps 01:13:11 Business moat 01:15:08 Amazon's Prime & Costco memberships 01:16:09 Apple 01:17:47 Traits of great founders; IKEA 01:20:30 Fewer, bigger and infrequent bets; Venture businesses vs. Stock markets 01:22:47 Day trade 01:23:14 Circle the wagons 01:25:40 Learning from mistakes; Fiat Chrysler's Ferrari 01:28:12 Golf The contents of this website are for educational and entertainment purposes only, and do not purport to be, and are not intended to be, financial, legal, accounting, tax or investment advice. Investments or strategies that are discussed may not be suitable for you, do not take into account your particular investment objectives, financial situation or needs and are not intended to provide investment advice or recommendations appropriate for you. Before making any investment or trade, consider whether it is suitable for you and consider seeking advice from your own financial or investment adviser. Views expressed on Chai with Pabrai are exclusively those of Mohnish Pabrai and not of any affiliated firm or organization.