Q&A Session with Francis Chou at Harvard - April 7, 2020

Q&A Session: Mohnish Pabrai and Francis Chou | Business Analysis and Valuation Course |
Professor Andrew Sandoe, Harvard University | April 7, 2020.

00:00:00 Introduction
00:05:48 Purchase of Stonetrust Insurance
00:10:44 Insurance Business Model
00:13:53 Sale of Stonetrust Insurance
00:28:16 Valuing an Insurance company
00:31:18 Being a harsh grader
00:38:16 Circle of Competence
00:52:46 Start early with investing
01:09:47 Improving your Circle of Competence
01:18:18 Learnings from investment mistakes
01:27:23 Value Investment Categories
01:50:43 Probability estimation for outcomes
01:56:46 Philip Fisher’s Scuttlebutt method
01:59:50 Munger’s advice on sharing Investment ideas
02:06:06 Human response to Economy

The contents of this video are for educational and entertainment purposes only, and do not purport to be, and are not intended to be, financial, legal, accounting, tax or investment advice. Investments or strategies that are discussed may not be suitable for you, do not take into account your particular investment objectives, financial situation or needs and are not intended to provide investment advice or recommendations appropriate for you. Before making any investment or trade, consider whether it is suitable for you and consider seeking advice from your own financial or investment adviser.