A chat with Mohnish Pabrai

The Pabrai Investment Funds (PIF) were inspired by the original 1950s Buffett Partnerships and are a close replica of the original Buffett Partnership Rules. From inception in 1999 through December 2023, a $100,000 investment in Pabrai Funds had grown to $1.83 million. This equals to an annualized gain of 12.6% versus 7.2% for the S&P 500.

Pabrai has been profiled by Forbes and Barron’s and appeared frequently on CNN, PBS, CNBC, Bloomberg TV and Bloomberg Radio. He has been quoted by various leading newspapers including USA Today, The Wall Street Journal, The Financial Times, The Economic Times and The Times of India. He is the author of two books on value investing, The Dhandho Investor and Mosaic: Perspectives on Investing. The Dhandho Investor has been translated into German, Mandarin, Japanese, Thai, Korean, Vietnamese, and Spanish. Mr. Pabrai is the winner of the 1999 KPMG Illinois High Tech Entrepreneur award given by KPMG, The State of Illinois, and The City of Chicago. He is the Founder and Chairman of The Dakshana Foundation which is a public US 501c(3) charity. Mohnish loves playing duplicate bridge and received his first lifetime ban in 2019 from playing Blackjack at a Las Vegas Casino. He lives in Austin, Texas.

Moderator

Dr. Liu is an assistant professor in economics at the University of Nebraska Omaha and an associate editor of Open Economies Review. She was a visiting scholar at the University of Texas Dallas. Her work on macroeconomics and financial economics has been published in top journals such as Macroeconomic Dynamics, Journal of Financial Stability, Journal of Macroeconomics, and Studies in Nonlinear Dynamics and Econometrics. Her work on monetary aggregation has been cited by the Center for Financial Stability in New York City. She has been invited to workshops at Stanford University, research seminars at the University of Zurich, and international conferences that were sponsored by the Bank of England, European Central Bank, Bank of Canada, Federal Reserve Bank of Cleveland, MIT, among others. Her research paper on cryptocurrency is in the top 10 downloaded papers in the Manchester School in 2021. She is a referee for journals including Journal of Money, Credit and Banking, Economics Bulletin, Energy Economics, Journal of Financial Stability, The European Journal of Finance, Journal of Forecasting, Computational Economics, Studies in Nonlinear Dynamics and Econometrics, Quantitative Finance and Economics, International Review of Economics and Finance, among others.

Host or Publisher University of Nebraska Omaha Economics