TIP628: The Inner Scorecard w/ Mohnish Pabrai

This podcast episode explores Mohnish Pabrai's journey as an investor and his insights on managing money and finding happiness. Pabrai shares his approach to aligning with his inner scorecard, viewing investments as owning a private business, and focusing on intrinsic value. He also discusses the importance of optimizing happiness by identifying what makes you happy and doing more of it, as well as identifying and inverting what makes you unhappy. The episode also touches on the differences between poker and bridge, the significance of principles in personal growth, and the importance of trustworthiness and playing the long game in business and life. Pabrai reflects on the challenges of giving away money and the complexities of philanthropy. Overall, the conversation highlights the value of integrity and the potential for unexpected outcomes in life.