How to Build Wealth with a low paying job in your 20s | 3 Factors to Build Wealth | Mohnish Pabrai

We have a misconception that the rich are becoming richer, but did you know even with low-paying jobs one can build wealth over time? Here in this video Mohnish Pabrai explains how to build wealth and he also give 3 variables that help to make a lot of money.

Chapters:
00:00 - Intro
00:05 - 3 Variables
01:25 - Rule of 72
02:00 - Explaining Compounding
03:50 - Conclusion

Mohnish Pabrai is an Indian-American businessman, investor, and philanthropist. He was born in Bombay (Mumbai), India, on June 12 1964.
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.

Pabrai has high regard 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. In June 2007 he made headlines by bidding US$650,100 with Guy Spier for a charity lunch with Buffett.

About the channel:
"Investing in Stock Market is a Serious Business" hence The Financial Economics has come up with short videos in which investors share their experience & knowledge. Our subscriber's need not worry about watching long interview videos; we have select shorts from the interviews which will focus on a select topic. We are here to Educate, Learn & Earn!!!

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Event & Full Video Link:
Mohnish Pabrai’s Q&A with members of The Babson College Fund (Babson College Students)– Feb 9, 2021:    • Видео  

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