Mohnish Pabrai (b.1964) is an Indian-American investor, businessman, and philanthropist. As managing partner of Pabrai Investment Funds based in Irvine, California, Pabrai is a prominent admirer of the value investing philosophy of Warren Buffett and Charlie Munger, the principals of Berkshire Hathaway.
Born in Mumbai, Pabrai worked as an engineer with telecommunications equipment company Tellabs 1986–91 before setting up his own computer consulting and systems-integration business called TransTech. He sold his company in 1999–2000 and started Pabrai Investment Funds, a family of hedge funds modeled after Buffett Partnerships, Buffett’s early investing vehicle.
Pabrai’s written works include Mosaic: Perspectives on Investing (2004) and The Dhandho Investor: The Low-Risk Value Method to High Returns (2007.)
Pabrai shot to fame by winning, with South African-Swiss investor Guy Spier, a $650,100 charity lunch with Buffett in 2007.
Pabrai’s philosophy to investing and life is discussed at length in Spier’s book, The Education of a Value Investor (2014.)
In 2005, Pabrai and his wife started the Dakshana Foundation with the intent of bequeathing 2% of their net wealth annually to educating needy high school students in India to compete to enter India’s elite technological colleges.
More: Wikipedia • READ: Works by Mohnish Pabrai
Charlie Munger says that he wants to shoot fish in a barrel, but only after all the water has been let out…. When I look at the people that I would normally think of as very good investors, basically, those folks are really good investors but they aren’t fishing where the fish are. And it doesn’t matter how good of a fisherman you are if you’re not fishing where the fish are.
—Mohnish Pabrai
Wondering Whom to Read Next?
Warren Buffett American Investor
Charlie Munger American Investor, Philanthropist
Ray Dalio American Investor
Jesse Lauriston Livermore American Investor
T. Boone Pickens American Businessman, Financier
David Rockefeller American Businessman, Philanthropist
Peter Thiel American Entrepreneur
Al Gore American Politician, Environmentalist
Benjamin Graham American Investor
Richard Rainwater American Investor