Diary of a CEO ft. Mohnish Pabrai

The Dhandho investor: cloning, zero-risk startups, and the rule of 72. How the world's best wealth builders win big while risking almost nothing.

With Mohnish Pabrai

"If they won, they would win big. And if they lost, they'd lose nothing." — Mohnish Pabrai

Mohnish Pabrai, on the episode

Mohnish Pabrai is a self-made investor who built a fund managing over a billion dollars by applying a handful of mental models he developed over several decades. Most people associate his name with value investing, but the operating system underneath is simpler and older than any stock screen: find a proven thing, copy it precisely, start without risking capital you can't afford to lose, and let time do the compounding. This conversation pulls from Pabrai's Dhandho framework, his own startup story, and the nine principles in his book of the same name. The result is a set of tools that apply equally to a first business, a first investment account, and a first hire.