3-Bullet Sunday, 4 Apr 2021
Mohnish Pabrai's Spawners Framework
Hi everyone!
This week’s post is about Mohnish Pabrai’s framework on hunting for multi-baggers.
In Pabrai's sharing, he outlined the key characteristics of spawners—companies that are capable of incubating related and unrelated businesses and how to spot them early on.
If opportunities allow, his ideal portfolio would be filled with what he calls apex spawners with below $500 million market cap.
I. Heard a simple but good career advice:
At every job you should either learn or earn. Either is fine. Both is best. But if it’s neither, quit.
II. Time in the market beats timing the market.
Don’t let the desire to own good companies at the lowest price prevent you from enjoying the joys of compounding.
III. I did a podcast with Cold Brew Money, click on the image to check it out!
