Mohnish Pabrai's 30-Minute Test to Kill Any Stock Idea | Investor Playbook

Mohnish Pabrai finds a well-researched stock idea, then gives himself 30 minutes to find a reason to drop it, followed by a 200-question checklist where 40 to 50 questions are about debt. Learn how he separates risk from uncertainty, why he wants his money back in 2 to 4 years, and why his biggest mistake was selling a winner too early.

Chapters

(0:00) Extreme Unreasonableness

(0:37) Three Checks to Discard Fast

(1:18) Extreme Unreasonableness

(1:57) Fishing Where the Fish Are

(3:19) Three Checks to Discard Fast

(4:00) The 200-Question Checklist

(5:38) The 700-Year Moat

(8:28) Reysas and the Tomato Arbitrage

(9:06) The Danger of the Pitch

(10:05) Outlier Managers: Energy and Creativity

(11:03) Reysas and the Tomato Arbitrage

(13:33) How Fast Is My Money Back

(14:58) IPSCO and Consol Energy

(18:06) Low Risk, High Uncertainty

(18:47) Power Laws and the 10% Rule

(19:31) Selling Ferrari Too Early

(20:10) The Philosophy of Enough

(21:09) Low Risk, High Uncertainty

(21:28) Apps and Research Tools

(21:47) Get the free apps

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