One of the most impressive aspects of Michael Hugh Terpin trading prowess is his keen understanding of market dynamics. He possesses a deep knowledge of various cryptocurrencies, their underlying technologies, and the broader economic factors influencing their value. This comprehensive understanding enables him to make well-informed investment decisions that consistently yield positive returns.
Michael Hugh Terpin’s trading strategy is marked by a disciplined approach and a focus on risk management. He employs a diverse range of analytical tools and techniques to identify lucrative trading opportunities while mitigating potential risks. This meticulous approach has not only safeguarded my investments but has also generated substantial profits over time.
It's a miracle and I would testify, $110,000 every 4 weeks! I now have a big mansion and can now afford anything and also support God's work and the church
Amazing content! I have been following your videos for sometime now, consistently kicking down Wall Street doors for two years now, I have over $320k in stocks. Currently, my portfolio is down by 15%. Wondering if they're any short term opportunities I can invest in.
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
I stopped listening and taking financial advise from these RUclipsrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Just learnt few ways productivity can be managed, Appreciate the sense of detailed content...Everything can be made easier although a lot of ways to gamble on productivity has made it tough, It's so common that to some extent you have to participate at least attempt to get ahead and hopefully secure a comfortable retirement. Money sitting in the bank does not grow, money not invested well can be unproductive
Could be anything, real estates, stocks, bonds, anything... Just make sure you just don't buy anything but something you've looked into properly and objectively... If you don't have the time, you could use an F.A or realtor or any expert there... For me, it was stocks because it was the cheapest to get into. I have made up to 400,000 in profits with a guide, There are more options these days..
Totally settle on utilizing an aide, yet where do one even track down a decent F.A ? I'm prepared to get serious about expending, however the choices out there are overpowering
i had the same thought. Basing it on tbe Hindu way of life, I would say Mohnish, Warren,Charlie and such thinkers can be called Saints of Capitalism though it might sound weird. I want to live my life like these people
The greatest episode ever. Wisdom, psychology of money, how to start, how to grow, how to execute, how to invest, how to be rich and how to give. Just wow.
Was looking forward to this one since you mentioned it a month ago. Thank you so much for bringing Mohnish on. Love this guy! At this point, maybe I should do a documentary about him :D
Meeting Mohnish earlier this month at the Berkshire Hathaway event was a highlight of my week! When I mentioned the upcoming MGM episode with Sean, his enthusiasm was infectious. He's truly a giant in the field ( and physically), yet incredibly gracious. Not only did he chat with me, but he also signed his book, "The Dhandho Investor," making the encounter even more memorable. This episode is unreal-I keep thinking it can't get better, but Sean, Sam, and the MFM team keep exceeding expectations!
Felt like this could have been a 5 hr long conversation and would have still felt too short! Never have listened to something 2 hrs long and felt what a gem but sad it's over so quickly
I had never heard of Mohnish before Shaan mentioned him a couple weeks ago, but seriously I think this guy a gem of a find.. he seems so genuine and he’s not trying to push some agenda.. just sharing his thoughts and lessons.. he seems chill and really values his life and time.. I hope to keep these thoughts in mind throughout my life so that I can try to craft a life similar (at much less magnitude) to his! Awesome conversation
This is episode of the year hands down. Watch all your videos and love them all, but this is on another level. Mohnish is an incredible mind and guest.
My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to make investments. Saving is great but investing puts you on a pedestal where you wouldnt have to worry about savings as you do now. With Jasmine Querida, my portolio is doing really great and im proud of the decisions i made last year.
Jasmine's analyses go beyond surface-level trends. She delves into technical, fundamental, and sentiment analysis, providing a holistic view of the market.
Successful people don't become that way overnight. most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life🙏🙏🙏
People should remember: poverty is not an accident, a coincidence or an inevitability. It is something which is manufactured by the step or action we takes
I regret not watching this interview earlier. I missed judge thinking it was just going to be bla bla.. This guy is down to earth, comes across as honest and extremely experienced. Transparent
Just watched the full 2 hours non-stop! Amazing interview leaving space for Monish to speak and asking beautiful questions. Monish is unique. Thank you!
First time commenting here. Mohnish, you're an inspiration for every immigrant hustling to make it, and Shawn, you were amazing. Listening to this brought both tears and joy.
Just because you didn’t run a lemonade stand as a child , doesn’t mean you can’t start and be successful in a business venture. All you need is ideas , adaptability, passion and perseverance…
What a fantastic guest! You need to bring Mohnish back on soon. A true wealth of knowledge. I write this as an adult who had multiple lemonade stands and a pretty solid Christmas time mistletoe hustle. 😂
I’ve been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?.
This is by far THE BEST mohnish interiew I saw. The interviewer was GREAT and had excellent scope of questions. Mohnish was focused and mentioned the most important attributes of an investor and shared great stories. THANK YOU !!! 🌹🌺🌻🌼🌷
This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.
Amazing interview. Mohnish exudes wisdom- an extremely intelligent, talented, generous human being. Always so humble too. And what a story teller. Thank you both.
This might be episode of the year - if you haven’t listened yet, make sure you have your note pad. It took me 3.5 hours to finish because I kept rewinding and taking notes 🔥🔥🔥🔥
1:58:06 when he spoke about Charlie Munger, I had a burst of laugh and then a tear in my eyes. That story of reading 📚 was fantastic. Thank you so much for sharing such a wonderful story about him. That is how a man should be, no complaints, just go on.
Thanks a lot, Shaan! I especially liked the idea of finding something hated and unloved. You can often find a lot of mispricing in things that are disliked or hated.
Investing well requires mental discipline to go against human nature, which is a laborious process. Purchasing during a panic, selling amid exhilaration, and hanging on while uninterested and yearning for any stimulation. Investing is 95% temperament and 5% intellect.
For many years, government policy has disregarded the future. The judgement day is almost here. I'm predicting the stock market to tumble by 80%. Real estate will become more appealing to investors than equities. There won't be any cash in banks. You need to think of a plan for surviving.
It's frequently the case that people don't realise how important financial advisors are until they suffer the consequences of making rash decisions. A few summers ago, following a difficult divorce, I recall needing support for my faltering business. After doing some research, I located a qualified advisor who worked hard to increase my reserves in spite of inflation. As a result, my reserves went from roughly $275k to $750k.
Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.
Amazing interview, Amazing interviewee, amazing, hard hitting essential questions. I feel blessed to have had the opportunity to listen to the words of wisdom. Great job.
I'm 49 and earn about £2M ($2.5M) per year and save about 30% in HYSA's. I've been reading a lot of articles mentioning how w0rthless 'cash savings' are in this current unstable economy. D0 you suggest I invst in real estate, stocks or Gold?
A consistent 5% return from the bank and US securities sounds better to me than worrying about losing your money if the stock market falls. Also consider financial advisory with the size of your budget.
You should obviously consult a professional. However you have multiple options. 5% CD/Bond rates very low risk. Or buy equities and purchase puts for insurance. Either way you win.
The issue is most people have the "I want to do it myself mentality" but not equipped hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
Great conversation and amazing lessons! Aside from the "lemonade stand theory", which is complete nonsense xD. Some skills take decades to master, and many lessons are learned through the journey of life. Many people only find the real motivation to do something more than work for someone else later in life. That's why the average age of a US successful startup founder is in their 40s, and it's not just me saying it, but data. Sometimes it's a bit of luck, timing, and motivation, sometimes opportunities appeal later. Thank you for sharing this amazing content.
I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or whenever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That'd be enough to create a portfolio that would pay you between $50k to $70k in dividend income
Just because there are opportunities in the market doesn't mean you should go in blindly. To understand the potential factors that contribute to your financial growth, l'il advise you to seek the help of a professional
I completely agree; I am over 40 years old, recently retired, and have approximately $1m in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!
@@maryHenokNftbravo! I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
She's known as *Gertrude Margaret Quinto* One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
Well-done. Gertrude Margaret Quinto appears to be highly knowledgeable and very qualified, came across her consulting page just after inputting her full name on the web. In fact, Ive seen commentaries about advisors, but not one looks this phenomenal.
Its the most incredible interview i have seen in a long time. As a fellow indian tryna make it in business in us, this is by far the most inspiring videos ever.
Where did you find this guy, he's so knowledgeable and his story telling way is awesome. Thanks for bringing him in this podcast and I have heard a best interactive podcast after a long time❤
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Elizabeth Wesley.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
@Shaan Puri, a humble suggestion. The title needs to have the name " Mohnish Pabrai" mentioned somewhere .... can't miss that on such a classy interview.
The avg. American is having a tough time, I know I am not alone. There are others in same position as me. By certain statistics: 22% of americans have no retirement savings. 64% are worried that they will not have money in latter years while 47% of adults who are not yet retired think they have to work part-time in retirement. How can I best grow the 120k I have saved so far for retirement which has depleted over the years?
I agree with the reply above. I also think you should think about steps you can take to start. Start somewhere. Anything is better than being frozen even.
The decision on when to pick an Adviser is a very personal one. I take guidance from ‘Monica Mary Strigle‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
In retirement red zone, if you haven’t saved enough, cut expense. Don’t celebrate and buy a car when you get a promotion. Use science and math when it comes to money, sock away more money.
Shaan is always joking around and having fun with learnings...so in that vein here goes....Mohnish is not just the Indian W. Buffet, with that mustache and features he looks like he could pulll of the Monopoly man role also! Anyone else think so?
He's literally wearing a latex fake head. Mission Impossible was trying to tell us in the 90s. High net worth and operatives do this regularly. You can tell from how it doesn't look like a real human head, the "wet look" shiny head, neck, fake ears etc.
What an amazing interview. I’m delighted to meet and listen from Mr Mohnish. I appreciate his deep respect to the investment gurus Charlie and Warren, and his exceptional articulation of his thoughts. Many thanks to your channel for making this interview 🙏🏻😊
Have seen many interviews with Monish, but this one is different. Shaan gets the best out of his podcast guest. Thank you! I am pumped to continue pursuing asymmetry
Great video, I've been interested in investing ever since I came across articles of people making up to $150,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?
I've purchased numerous stocks in individual firms. Because there are so many stocks that will skyrocket in the long run, it is currently safe to buy in on ETF and ride it out. Due to fud, I sold out early, but then retraced my ways and re-invested $350,000 with a financial advisor who manages my account. I received an 82% return last year and will see where it goes this year.
Whichever option you choose, be careful to seek advice from a trustworthy investment advisor. I do business with one, and she has helped me get a better handle on the stock/ETF market throughout this upheaval.
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diverssify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
One of the most impressive aspects of Michael Hugh Terpin trading prowess is his keen understanding of market dynamics. He possesses a deep knowledge of various cryptocurrencies, their underlying technologies, and the broader economic factors influencing their value. This comprehensive understanding enables him to make well-informed investment decisions that consistently yield positive returns.
Michael Hugh Terpin’s trading strategy is marked by a disciplined approach and a focus on risk management. He employs a diverse range of analytical tools and techniques to identify lucrative trading opportunities while mitigating potential risks. This meticulous approach has not only safeguarded my investments but has also generated substantial profits over time.
*HE'S ALWAYS ACTIVE ON TELEGRAMS*
*@michaeltpin*
It's a miracle and I would testify, $110,000 every 4 weeks! I now have a big mansion and can now afford anything and also support God's work and the church
*what s a p*
Amazing content! I have been following your videos for sometime now, consistently kicking down Wall Street doors for two years now, I have over $320k in stocks. Currently, my portfolio is down by 15%. Wondering if they're any short term opportunities I can invest in.
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
I stopped listening and taking financial advise from these RUclipsrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?
Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing
Just learnt few ways productivity can be managed, Appreciate the sense of detailed content...Everything can be made easier although a lot of ways to gamble on productivity has made it tough, It's so common that to some extent you have to participate at least attempt to get ahead and hopefully secure a comfortable retirement. Money sitting in the bank does not grow, money not invested well can be unproductive
How do you know what to invest in? How can you know if it is the right choice?
Could be anything, real estates, stocks, bonds, anything... Just make sure you just don't buy anything but something you've looked into properly and objectively... If you don't have the time, you could use an F.A or realtor or any expert there... For me, it was stocks because it was the cheapest to get into. I have made up to 400,000 in profits with a guide, There are more options these days..
Totally settle on utilizing an aide, yet where do one even track down a decent F.A ? I'm prepared to get serious about expending, however the choices out there are overpowering
Consistent results aren't luck. Research was the challenge however it led to Lisa Michelle Pacillas, a top CFA well known with an impressive strategy.
she might be worth checking out online
I don't think we realize how lucky we are to have this podcast interview with Mohnish.
🤣😂😂 Mohnish is just talk. He has no record of achieving anything at all.
Imagine a prospective PE firm offers you a position and subsequently comes across this comment. I’d rescind that offer.
i had the same thought. Basing it on tbe Hindu way of life, I would say Mohnish, Warren,Charlie and such thinkers can be called Saints of Capitalism though it might sound weird. I want to live my life like these people
I hope we realize though, that everyone won't be nearly as lucky as Pabrai if you practice a strategy like that.
Sure he made billions doing nothing. People on the internet are funny
The greatest episode ever. Wisdom, psychology of money, how to start, how to grow, how to execute, how to invest, how to be rich and how to give. Just wow.
Unreal, this video is easily the best yet. Monish is a next level mind! The first 10 minutes around children was a life changing paradigm shift
The GOATED episode of the Pod
I appreciate that Shaan lets him speak without interruption.
Exactly
Yes agree,too much interruption. Actually he wants to speak much not the guest😂
that's a real podcaster do I believe whi h shaan did
Unlike Sam
Unlike L Howes
Was looking forward to this one since you mentioned it a month ago. Thank you so much for bringing Mohnish on. Love this guy! At this point, maybe I should do a documentary about him :D
One of my heroes.
@@lennard3204зддддд😊😊йййййпйй❤❤й❤ййиййс ❤й
Doooooo it!!!
Yes!
Meeting Mohnish earlier this month at the Berkshire Hathaway event was a highlight of my week!
When I mentioned the upcoming MGM episode with Sean, his enthusiasm was infectious.
He's truly a giant in the field ( and physically), yet incredibly gracious.
Not only did he chat with me, but he also signed his book, "The Dhandho Investor," making the encounter even more memorable. This episode is unreal-I keep thinking it can't get better, but Sean, Sam, and the MFM team keep exceeding expectations!
Is he part of Berkshire Hathaway?
@@jetpark3743 No. He's a Shareholder but also friends with the Chairman - Warren Buffett
@@MONEYWISEDOCTOR At 1:36:53 Mohnish says "we".
At any party everyone will gather around him and listen to his stories for hours without ever getting bored. This alone is an incredible talent.
Correct
Most valuable interview yet. Wisdom about starting, not just expanding existing wealth.
Felt like this could have been a 5 hr long conversation and would have still felt too short! Never have listened to something 2 hrs long and felt what a gem but sad it's over so quickly
Same
I had never heard of Mohnish before Shaan mentioned him a couple weeks ago, but seriously I think this guy a gem of a find.. he seems so genuine and he’s not trying to push some agenda.. just sharing his thoughts and lessons.. he seems chill and really values his life and time.. I hope to keep these thoughts in mind throughout my life so that I can try to craft a life similar (at much less magnitude) to his! Awesome conversation
He has a book called the Dhando Investor.
This is the single best podcast in history for any business person looking for real knowledge
I always say " Entrepreneurs take risks" but i got corrected today.. thank you sir! "Entrepreneurs minimize risk" . Learned a lot from this interview!
This is episode of the year hands down. Watch all your videos and love them all, but this is on another level. Mohnish is an incredible mind and guest.
One of the most insightful discussions I've ever heard which just changed my life. Thks for interviewing Mr. Mohnish.
My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to make investments. Saving is great but investing puts you on a pedestal where you wouldnt have to worry about savings as you do now. With Jasmine Querida, my portolio is doing really great and im proud of the decisions i made last year.
Jasmine Querida's strategy has normalized winning trades for me and it's a huge milestone for me looking back to how it all started.
Jasmine's analyses go beyond surface-level trends. She delves into technical, fundamental, and sentiment analysis, providing a holistic view of the market.
She is all about simple technique that are highly profitable, I really admire her winning mentality.
I’m new at this, how can I reach her?
Gram with her username
these stories of warren buffett are pure gold. So resourceful.
my grandma always told me: Always trust every word coming from bold Indian man with a mustache..........................
😂 Indeed
Successful people don't become that way overnight. most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life🙏🙏🙏
People should remember: poverty is not an accident, a coincidence or an inevitability. It is something which is manufactured by the step or action we takes
you are right .
Most people don't invest due to ignorance.
People are scared of Investment because of high rate of scammers on the market
But of a truth they are scammers but real brokers are out there too waiting for investors.
I regret not watching this interview earlier. I missed judge thinking it was just going to be bla bla.. This guy is down to earth, comes across as honest and extremely experienced.
Transparent
🔥🔥🔥 quality of guests lately. Unreal
Best intro by far. I love that narrative style
I just started listening and I caught myself thinking - this podcast is my favorite piece of content out there
mine too
I haven’t even watched yet but I think this is early candidate for episode of the year.
This is an ecxeptional interview. One that keeps on giving in every minute of it.
Podcast introduction…. Beautifully done
Just watched the full 2 hours non-stop! Amazing interview leaving space for Monish to speak and asking beautiful questions. Monish is unique. Thank you!
2 hours of pure gold!
Phenomenal mind, and great ability to explain things in a digestible way. One of my favorites on MFM
Hi I am from India and father of kids below 10, the information you gave from this podcast is priceless
Thank you very much to both
I owe Shaan a tuition bill
🔥🔥 comment lol
Bidding for lunch starts at $50,000
100000
First time commenting here. Mohnish, you're an inspiration for every immigrant hustling to make it, and Shawn, you were amazing. Listening to this brought both tears and joy.
Just because you didn’t run a lemonade stand as a child , doesn’t mean you can’t start and be successful in a business venture. All you need is ideas , adaptability, passion and perseverance…
Very impactful session. Can’t remember the last time I completed a full interview on RUclips. Thanks for the interview.
What a fantastic guest! You need to bring Mohnish back on soon. A true wealth of knowledge. I write this as an adult who had multiple lemonade stands and a pretty solid Christmas time mistletoe hustle. 😂
nah.
Turning $1M Into $1B+: A Masterclass From The Indian Warren Buffett. Thank you
Shaan What I loved about you is the ability to wait and listen, it's phenomenal how you just wait!
I’ve been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?.
I will advice you should stop trading on your own if you keep losing.
I’d recommend Trisha Davis, her profit is great even when there’s a dip
Hey i'm shocked you just mentioned and recommended trisha davis, i thought i was the only one trading with her
you dont need to be shocked haha because i'm also a huge beneficiary of her
I've seen a lot of positive reviews about this professional, she must be exceptional for people to talk about her goodness
This is by far THE BEST mohnish interiew I saw. The interviewer was GREAT and had excellent scope of questions. Mohnish was focused and mentioned the most important attributes of an investor and shared great stories. THANK YOU !!! 🌹🌺🌻🌼🌷
I flew to Toronto in April just to tell him thank you. He changed my life.
Okay bot
The level of this channel is skyrocketing
This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.
Amazing interview. Mohnish exudes wisdom- an extremely intelligent, talented, generous human being. Always so humble too. And what a story teller. Thank you both.
This might be episode of the year - if you haven’t listened yet, make sure you have your note pad. It took me 3.5 hours to finish because I kept rewinding and taking notes 🔥🔥🔥🔥
thats the sign of a great ep
Sell those notes buddy!
@@MyFirstMillionPodsell those notes buddy
@@eastkailash7037 🤣🤣
I’m trying to apply these notes to my OF business 🤔
This guy is fregin brilliant . Not sure about the circus stache but I find myself googling and buying into his fund. So smart.
Such a fantastic interview!!! Really enjoyed every minute of this 👏
1:58:06 when he spoke about Charlie Munger, I had a burst of laugh and then a tear in my eyes. That story of reading 📚 was fantastic. Thank you so much for sharing such a wonderful story about him. That is how a man should be, no complaints, just go on.
He's in the right country at the right time. India is on the upswing.
Thanks a lot, Shaan! I especially liked the idea of finding something hated and unloved. You can often find a lot of mispricing in things that are disliked or hated.
Haydar Acun at Marmara Capital was who showed Mohnish Pabrai the companies in Turkiye. I hadn't known this nugget before this interview.
thanks man ...
The insights from Mohnish are pure gold.
Investing well requires mental discipline to go against human nature, which is a laborious process. Purchasing during a panic, selling amid exhilaration, and hanging on while uninterested and yearning for any stimulation. Investing is 95% temperament and 5% intellect.
For many years, government policy has disregarded the future. The judgement day is almost here. I'm predicting the stock market to tumble by 80%. Real estate will become more appealing to investors than equities. There won't be any cash in banks. You need to think of a plan for surviving.
It's frequently the case that people don't realise how important financial advisors are until they suffer the consequences of making rash decisions. A few summers ago, following a difficult divorce, I recall needing support for my faltering business. After doing some research, I located a qualified advisor who worked hard to increase my reserves in spite of inflation. As a result, my reserves went from roughly $275k to $750k.
Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.
I'm happy with the advisor's professional and timely help. Their expertise gives one confidence. eager for further conversations.
It was really inspiring talk. 2h passed like a minute. Monish once copying his investment gurus, now become guru himself.
Everyone in the comments focused on themselves, their ideas, their situation
No one focused on the video, it's ideas, etc.
Amazing interview, Amazing interviewee, amazing, hard hitting essential questions. I feel blessed to have had the opportunity to listen to the words of wisdom. Great job.
He is exceptional in every aspect.
you can really hear the influence from Charlie and Buffet in his takes. thanks for introducing me to Mohnish
I'm 49 and earn about £2M ($2.5M) per year and save about 30% in HYSA's. I've been reading a lot of articles mentioning how w0rthless 'cash savings' are in this current unstable economy. D0 you suggest I invst in real estate, stocks or Gold?
A consistent 5% return from the bank and US securities sounds better to me than worrying about losing your money if the stock market falls. Also consider financial advisory with the size of your budget.
You should obviously consult a professional. However you have multiple options. 5% CD/Bond rates very low risk. Or buy equities and purchase puts for insurance. Either way you win.
The issue is most people have the "I want to do it myself mentality" but not equipped hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
*Sharon Lynne Hart* is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment
Very, very nice interview…on both sides….and you both, quite gracious and generous in your choice of words
So humble and wise, Time well spent listening to Mohnish absolute legend
The dude so full of it .he made up those stories. Such an egomaniac. He was a conman some say.
@@matrixllc.5950 and you know this how exactly?
Not everything a rich man says is wisdom, this episode is the perfect example.
Great conversation and amazing lessons!
Aside from the "lemonade stand theory", which is complete nonsense xD.
Some skills take decades to master, and many lessons are learned through the journey of life. Many people only find the real motivation to do something more than work for someone else later in life. That's why the average age of a US successful startup founder is in their 40s, and it's not just me saying it, but data.
Sometimes it's a bit of luck, timing, and motivation, sometimes opportunities appeal later.
Thank you for sharing this amazing content.
What's the data about the startup founders entrepreneurial history?
Hit 200k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in March 2024
I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or whenever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That'd be enough to create a portfolio that would pay you between $50k to $70k in dividend income
Just because there are opportunities in the market doesn't mean you should go in blindly. To understand the potential factors that contribute to your financial growth, l'il advise you to seek the help of a professional
I completely agree; I am over 40 years old, recently retired, and have approximately $1m in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!
@@maryHenokNftbravo! I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
She's known as *Gertrude Margaret Quinto* One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
Well-done. Gertrude Margaret Quinto appears to be highly knowledgeable and very qualified, came across her consulting page just after inputting her full name on the web. In fact, Ive seen commentaries about advisors, but not one looks this phenomenal.
What an amazing interview... Thank you!
Incredible episode one of your top 10 for sure!
Assigned this podcast to my teens for summer HW. Very valuable info.
Its the most incredible interview i have seen in a long time.
As a fellow indian tryna make it in business in us, this is by far the most inspiring videos ever.
This easily made my top 3 MFM ep! Mohnish appears to be such a humble gentlemen! I enjoyed all his stories.
This is definitely one of your best podcasts yet. Thank you.
This the only podcast I have seen fully….. 2hrs of my time inside a library…. Worth it
Thank you for making this video. Very valuable information
Where did you find this guy, he's so knowledgeable and his story telling way is awesome. Thanks for bringing him in this podcast and I have heard a best interactive podcast after a long time❤
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Elizabeth Wesley.
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
I start coding at 11 and I’m now building my own blockchain and run 3 startups.
I thought Rakesh Jhunjhunwala is called India’s Warren Buffet
Fantastic interview. If I can just internalize a tenth of his knowledge, and keep my emotions in check, I think things will be looking up soon.
Mohnish calling Mark Zuckerberg a Patel was a serious compliment that shouldn't be looked over.
I just need a team of highly trained hungry people to make phone calls. 😂
@Shaan Puri, a humble suggestion. The title needs to have the name " Mohnish Pabrai" mentioned somewhere .... can't miss that on such a classy interview.
Yes
Extraordinary interview. A life’s worth of knowledge (actually, multiple lives). Thank you.
The avg. American is having a tough time, I know I am not alone. There are others in same position as me. By certain statistics: 22% of americans have no retirement savings. 64% are worried that they will not have money in latter years while 47% of adults who are not yet retired think they have to work part-time in retirement. How can I best grow the 120k I have saved so far for retirement which has depleted over the years?
Think about actions you’re taking that might be harming you such as carrying over credit card debt each month.
I agree with the reply above. I also think you should think about steps you can take to start. Start somewhere. Anything is better than being frozen even.
In my opinion, create a budget including income and expenses, do this with a financial advisor.
The decision on when to pick an Adviser is a very personal one. I take guidance from ‘Monica Mary Strigle‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
In retirement red zone, if you haven’t saved enough, cut expense. Don’t celebrate and buy a car when you get a promotion. Use science and math when it comes to money, sock away more money.
Two hours of Mohnish Pabrai preaching is a gift.
Is this Sadhguru of investing?
Hope not. Sadhguru is a fraud.
Yes, inner investing
He is a con man
No. This man is real!
Chadguru is a scam
There are Givers, Takers, and Matchers... That just changed my life....
Shaan is always joking around and having fun with learnings...so in that vein here goes....Mohnish is not just the Indian W. Buffet, with that mustache and features he looks like he could pulll of the Monopoly man role also! Anyone else think so?
No
He's literally wearing a latex fake head. Mission Impossible was trying to tell us in the 90s. High net worth and operatives do this regularly. You can tell from how it doesn't look like a real human head, the "wet look" shiny head, neck, fake ears etc.
Appreciation of mind not caring of outer look is more important
I watched the video with my 8 year old daughter and she enjoyed watching it. Thanks! :)
I need to start with turning minus $1548 to $1M , any masterclass on that?
Invest in you
What an amazing interview. I’m delighted to meet and listen from Mr Mohnish. I appreciate his deep respect to the investment gurus Charlie and Warren, and his exceptional articulation of his thoughts. Many thanks to your channel for making this interview 🙏🏻😊
Unfortunately… I am 53 years old but there is something call neuroplasticity. I can grow some new neurons investing oriented my friends.
"Entrepreneurs are actually great risk reducers"
That one resonates with the whole demystifying risk theme I've been etching into my capstone
F, I have to go to the gym again to listen to this.
That's what I do too. People ask "What music do you listen to?" haha no Music, just pods.
That opening line tho 😂 This is gonna be an entertaining interview.
Feel like I got a 2 million dollar lunch
Have seen many interviews with Monish, but this one is different. Shaan gets the best out of his podcast guest. Thank you! I am pumped to continue pursuing asymmetry
"if you're not 10y old when you're in business, then you're not built for it" - a few moments later - "yeah so my dad got me into the family business"
Love this episode. One of my favourites by far!
Great video, I've been interested in investing ever since I came across articles of people making up to $150,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?
I've purchased numerous stocks in individual firms. Because there are so many stocks that will skyrocket in the long run, it is currently safe to buy in on ETF and ride it out. Due to fud, I sold out early, but then retraced my ways and re-invested $350,000 with a financial advisor who manages my account. I received an 82% return last year and will see where it goes this year.
Whichever option you choose, be careful to seek advice from a trustworthy investment advisor. I do business with one, and she has helped me get a better handle on the stock/ETF market throughout this upheaval.
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diverssify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.
Mind if I ask you to recommend this particular coach you using their service?
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
3 words, just like Buffet. BUY and HOLD forever