mohnish pabrai

Mohnish Pabrai recently conducted an interview with We posted part of it here. We found another part of the interview (H/T-Corner of Berkshire & Fairfax). Pabrai believes that he has outperformed other fund managers because he has an extreme amount of patience. He thinks that patience is the number one skill for investors. He believes it is not hard to find business which are inexpensive (especially during the market crash of 08/09), the difficult task is for investors to be patient for the stock to recover. We also found a third part of the interview. The two videos are embedded below: