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My First Million

My First Million

Sam Parr and Shaan Puri brainstorm new business ideas based on trends & opportunities they see in the market. Sometimes they bring on famous guests to brainstorm with them.

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    Mohnish Pabrai: This will save you 10 years of bad investments

    Published May 22, 2026

    Mohnish Pabrai

    Get Mohnish's 9 investment principles: https://clickhubspot.com/kwdo Episode 827: Shaan Puri ( https://x.com/ShaanVP ) sits down with Mohnish Pabrai to break down the mental models that made him a billionaire value investor. — Show Notes: (0:00) Intro (1:25) Mental models of the top 1% (3:38) The mistress is always hotter than the wife (6:37) Introduce Randomness in your life (10:47) Humans are poor at copying (20:13) Take a simple idea seriously (23:02) Be and inch wide and a mile deep (30:29)