In this episode I summarize and discuss a talk by investor and fund manager Mohnish Pabrai on US stock market bubbles since the 1920s. We look at the Motors Bubble, the Tronics Bubble, the Nifty-Fifty Bubble, and the Dotcom Bubble. I also discuss very recent market bubbles, including the EV bubble and emerging AI bubble.

Timestamps:

00:00 Mohnish Pabrai stock market bubbles Intro

00:22 The Motors Bubble (1921) and the EV Bubble (2020-21)

02:40 The Tronics Bubble (1959-62) and the emerging AI bubble (2023-?)

04:23 The Dotcom Bubble (1997-2000)

06:49 The Technology Innovation Hype Cycle

07:32 ARK Innovation ETF (ARKK), EV sector, AI boom - 2020-23

09:07 Stock market: new blood and short memories

10:02 Rhyming with the Dotcom Bubble - 2020-21

11:19 The Nifty-Fifty Bubble and bust (early 1970s)

12:49 A shock to the system

Related episodes:

Mohnish Pabrai on Mistakes, AI Euphoria, Nvidia, Microsoft

https://youtu.be/zs7pdV3fSJc

Why Druckenmiller Owns Nvidia Despite "Nosebleed Territory”

https://youtu.be/QP496jwcumk

Mohnish Pabrai's Presentation and Q&A at MDI, Gurgaon on December 22, 2015

https://youtu.be/OFkApI6zZtY

As seen in this video, I use TIKR Terminal to help analyze great businesses, follow top investor portfolios, and help monitor my portfolio (refferal link): http://tikr.com/theartofvalue

Using a referral link helps support the pod, thanks!

The main investment brokerage I use to buy international stocks, and to hold cash, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664

Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.