Mohnish Pabrai (Billionaire Investor): The $100 Investment Hack That's Disappearing Fast! The Fastest Way To Financial Freedom!

The Diary Of A CEO with Steven Bartlett

FlightStory

Society & Culture, Business, Education

4.6 • 13.2K Ratings

🗓️ 21 August 2025

⏱️ 107 minutes

🔗️ Recording | iTunes | RSS

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Summary

Is copying Warren Buffet the fastest way to get rich? Mohnish Pabrai reveals the strategy to turn 1K into 10K in 30 days, quit your job safely, build passive income, and master the step-by-step formula millionaires actually use! Mohnish Pabrai is a renowned value investor and founder of Pabrai Funds, who is best known for his successful implementation of Warren Buffett's value investing principles. He is also the bestselling author of books such as, ‘The Dhandho Investor’, which guides people on low-risk, high-return investing. He explains: ⬛ Why building passive income is simpler than you think ⬛ How to build a business or portfolio with no risk ⬛ Why copying ideas made Mohnish a millionaire ⬛ How to find low-risk, high-reward investment opportunities ⬛ Why 99% of people follow the wrong advice about money 00:00 Intro 02:27 Mental Models for Business and Investing 14:08 Never Start a Company for This Reason, It'll Fail 16:26 How to Focus Your Sales and Pitches 20:53 The Importance of Attention to Detail 26:39 Why the Low Engagement in 9–5 Jobs 34:44 How to Reach Financial Freedom 43:10 You Have to Reach Out to Thousands of Places 45:28 Signal vs. Noise Ratio 47:48 Ads 52:37 The 3 Categories All Humans Fall Into 56:35 How to Scale Your Company as a Solopreneur 59:25 Mastering the Art of Hiring 01:01:29 Hire Slow, Fire Fast 01:03:00 Do People Build More Wealth from Business or Investing? 01:06:12 The Magic of Compounding 01:11:10 How to Invest in Indexes 01:14:01 Ads 01:16:10 Why Do They Call You the Dhandho Investor? 01:17:45 The Patels' Framework to Take Over the U.S. Motel Industry 01:21:09 Heads I Win, Tails I Don’t Lose Much 01:22:07 What Is the New Opportunity in the AI Era? 01:26:34 Business Moats 01:27:46 Loyalty Points Models 01:29:54 Is Apple a Good Investment? 01:34:55 The Importance of Making Fewer Big and Infrequent Bets 01:37:35 Is Day Trading Worth It? Can You Make Money from It? 01:38:16 Circling the Wagons Follow Mohnish: Instagram - https://bit.ly/4lCFFO6 YouTube - https://bit.ly/4fKRroh You can purchase Mohnish’s book, ‘The Dhandho Investor: The Low-Risk Value Method to High Returns’, here: https://amzn.to/4mUZz88 The Diary Of A CEO: ⬛ Join DOAC circle here - https://doaccircle.com/ ⬛ Buy The Diary Of A CEO book here - https://smarturl.it/DOACbook ⬛ The 1% Diary is back - limited time only: https://bit.ly/3YFbJbt ⬛ The Diary Of A CEO Conversation Cards (Second Edition): https://g2ul0.app.link/f31dsUttKKb ⬛ Get email updates - https://bit.ly/diary-of-a-ceo-yt ⬛ Follow Steven - https://g2ul0.app.link/gnGqL4IsKKb Sponsors: Fiverr - https://www.fiverr.com/diary with code DIARY for 10% off your first order Netflix - http://netflix.com/title/81725526 KetoneIQ - Visit https://ketone.com/STEVEN for 30% off your subscription order Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	When you have a pixel 10, you may get asked a few questions. Like, what is that? How did you do that?
0:09.1	And can we use your camera instead? Ask more of your phone. Google Pixel 10.
0:19.8	Why do they call you the Dando investor?
0:21.7	It's a way of doing business and making money without taking risk.
0:26.5	Like, for example, Mr. Gates, Mr. Walton, Mr. Branson,
0:29.9	all of these people follow these simple mental models.
0:32.6	So if they won, they would win big.
0:34.9	And if they lost, they'd lose nothing.
0:36.8	So I want to know everything.
0:38.7	Okay, let's start with this.
0:40.7	Monish Pabrai is the self-made millionaire who built one of the most respected investment
0:45.0	firms in the world managing over a billion dollars.
0:48.3	And now he's giving us the simple tools and frameworks to create life-changing wealth.
0:53.3	If humans understood that if I embark on a business in a format where the risk is close to zero,
0:58.9	more people would do it. And that's what these mental models do. For example, cloning.
1:03.5	We are taught if you want to start a business, you need to come up with something new.
1:07.7	But actually, if you are a great cloner, you will be 90% ahead of the rest
1:13.4	of humanity. And in fact, everything that Microsoft has done well at has come from copying someone
1:19.1	on the outside. And then there's time. When you're starting a business, don't quit the day job,
1:24.6	because some other yo-yo is paying your rent but it does mean that you need to
1:29.3	find time to work on your business but i will show you the perfect way to allocate your time and that's not all
1:35.3	there's models like low-hanging fruit skin in the game givers versus takers and the circle of
	...

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