Mohnish Pabrai
Encyclopedia
Mohnish Pabrai is an Indian-American businessman, investor and philanthropist
. In his Pabrai Investment Fund, which is a family of hedge funds inspired by Buffett Partnerships, he successfully manages over 500 mln of assets and consistently achieves overaverage rates of return.
In June 2007 he made headlines by bidding US$650,100 with Guy Spier
for a charity lunch with Warren Buffett
. http://www.msnbc.msn.com/id/19527064/
Pabrai worked with Tellabs between 1986–91, first in its high speed data networking group, and then in 1989, joined its international subsidiary, working in international marketing and sales. http://www.anderson.ucla.edu/zone/clubs/saba/Bio-MP.html
In 1991 he started his IT consulting and systems integration company, TransTech, Inc. with about US$30,000 from his own 401K account and US$70,000 from credit card debt. He sold the company in 2000 to Kurt Salmon Associates
http://www.kurtsalmon.com/
for US$20 million. Today he is the managing partner of the Pabrai Investment Funds, which he founded in 1999.
Pabrai has high regards for Warren Buffett and admits that his investment style is copied from Buffett and others. He has written a book on his investing style: "The Dhandho Investor: The Low - Risk Value Method to High Returns".
Another book by Pabrai is "Mosaic: Perspectives on Investing". In this book Pabrai has distilled the Warren Buffett
method of investing down to a few points. These points are made in a series of articles he authored for various newsletters and web sites between 2001 and 2003 (the book reprints these articles in reverse chronological order).
Mohnish Pabrai has won the 1999 KPMG Illinois High Tech Entrepreneur Award given by KPMG
, the State of Illinois and the City of Chicago. Pabrai is a member of the Young President's Organization (YPO) and a charter member of The Indus Entrepreneurs (TIE).
, the founder of Ramanujan School of Mathematics (also known as the Super 30) with the originating this idea.
In 2011, Investor and Indian Institute of Technology Graduate Prem Watsa
joined the advisory board of the Dakshana Foundation.
Philanthropist
A philanthropist is someone who engages in philanthropy; that is, someone who donates his or her time, money, and/or reputation to charitable causes...
. In his Pabrai Investment Fund, which is a family of hedge funds inspired by Buffett Partnerships, he successfully manages over 500 mln of assets and consistently achieves overaverage rates of return.
In June 2007 he made headlines by bidding US$650,100 with Guy Spier
Guy Spier
Guy Spier is a Zurich based investor, and commentator. In June 2007 he made headlines by bidding US$650,100 with Mohnish Pabrai for a charity lunch with Warren Buffett...
for a charity lunch with Warren Buffett
Warren Buffett
Warren Edward Buffett is an American business magnate, investor, and philanthropist. He is widely regarded as one of the most successful investors in the world. Often introduced as "legendary investor, Warren Buffett", he is the primary shareholder, chairman and CEO of Berkshire Hathaway. He is...
. http://www.msnbc.msn.com/id/19527064/
Pabrai worked with Tellabs between 1986–91, first in its high speed data networking group, and then in 1989, joined its international subsidiary, working in international marketing and sales. http://www.anderson.ucla.edu/zone/clubs/saba/Bio-MP.html
In 1991 he started his IT consulting and systems integration company, TransTech, Inc. with about US$30,000 from his own 401K account and US$70,000 from credit card debt. He sold the company in 2000 to Kurt Salmon Associates
Kurt Salmon Associates
Kurt Salmon is a global management consulting firm specializing in the retail, consumer goods and health care sectors. The firm was among the first consulting firms established in the United States and remains among only a small handful in continuous operation since being founded in the early...
http://www.kurtsalmon.com/
for US$20 million. Today he is the managing partner of the Pabrai Investment Funds, which he founded in 1999.
Pabrai has high regards for Warren Buffett and admits that his investment style is copied from Buffett and others. He has written a book on his investing style: "The Dhandho Investor: The Low - Risk Value Method to High Returns".
Another book by Pabrai is "Mosaic: Perspectives on Investing". In this book Pabrai has distilled the Warren Buffett
Warren Buffett
Warren Edward Buffett is an American business magnate, investor, and philanthropist. He is widely regarded as one of the most successful investors in the world. Often introduced as "legendary investor, Warren Buffett", he is the primary shareholder, chairman and CEO of Berkshire Hathaway. He is...
method of investing down to a few points. These points are made in a series of articles he authored for various newsletters and web sites between 2001 and 2003 (the book reprints these articles in reverse chronological order).
Mohnish Pabrai has won the 1999 KPMG Illinois High Tech Entrepreneur Award given by KPMG
KPMG
KPMG is one of the largest professional services networks in the world and one of the Big Four auditors, along with Deloitte, Ernst & Young and PwC. Its global headquarters is located in Amstelveen, Netherlands....
, the State of Illinois and the City of Chicago. Pabrai is a member of the Young President's Organization (YPO) and a charter member of The Indus Entrepreneurs (TIE).
Dakshana Foundation
In 2005, Pabrai and his wife, Harina Kapoor started the Dakshana Foundation with the goal of recycling most of their real estate back to society . Specifically, the initial goal is the alleviation of poverty in India. The tool that has been chosen is to provide tutoring services to some of the least privileged members of Indian society, and to enable them to attend some of the elite institutions of higher learning. Pabrai credits Anand KumarAnand Kumar
Anand Kumar is an Indian mathematician and a columnist for various national and international mathematical journals and magazines. He is best known for his Super 30 programme, which he started in Patna, Bihar in 2002, and which coaches economically backward students for IIT-JEE, the entrance...
, the founder of Ramanujan School of Mathematics (also known as the Super 30) with the originating this idea.
In 2011, Investor and Indian Institute of Technology Graduate Prem Watsa
Prem Watsa
Prem Watsa was born in 1950 in Hyderabad, India and is the founder, chairman, and chief executive of Fairfax Financial Holdings, based in Toronto, Ontario....
joined the advisory board of the Dakshana Foundation.
Regulatory Filings
- SEC.gov - Mohnish Pabrai - EDGAR Filings (CIK: 0001173334) the EDGAR database
- Yahoo! Finance - Mohnish Pabrai - Insider Filings
External links
- PabraiFunds.com Pabrai Investment Funds - Official Site
- Dakshana.org The Dakshana Foundation - Official Site
- Wiley.com The Dhandho Investor: The Low - Risk Value Method to High Returns
- Interview With Mohnish Pabrai
- Mohnish Pabrai On Munger
- Article by Guy Spier, "My $650,000 lunch with Warren Buffett