M. Pabria Video Lecture at Ivey School Feb. 2012

Mohnish Pabria of Pabrai Funds discusses mental models and competitive analysis.  Don’t blindly follow or worship investing “gurus” but try to use what makes sense to YOU. Even investors like Pabrai have trouble understanding competitive advantage as shown by his investments in Exide (Xide), Pinnacle Airlines, Sub-prime credit during 2008, etc. We ALL make mistakes so we should learn from everyone around us.

Pabrai says, “I am a shameless cloner.” Copy good ideas.



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