Mohnish Pabrai's Presentation and Q&A at MDI, Gurgaon on December 26, 2014

(00:00:00) - Introduction (00:03:28) - Starting Pabrai Investment Fund (00:05:01) - Dakshana Foundation; the 2% model (00:12:42) - Dhandho Holdings (00:14:06) - Insurance vs. Investing (00:20:31) - Buying Iowa farm land (00:30:07) - Volatility: An advantage for auction driven markets (00:33:02) - When to sell a stock (00:39:14) - Munger: "I always had someone to discuss my investment ideas with." (00:43:51) - Hero MotoCorp (00:48:51) - Opportunity cost of sitting on cash (00:53:37) - Investing in India (00:56:22) - The Dakshana journey (01:12:15) - Impact of value investing on personal life