Classic Pabrai - A 2011 Half Hour Interview With Monish Pabrai and Steve Forbes

Monish Pabrai has an excellent long term track record as a hedge fund manager and luckily for us he is willing to share his approach to investing.

Monish thinks that 98% of the investment opportunities that come across his desk belong in the "too hard" pile. He does not like investing in technology companies because he thinks the industry changes too fast and the future cash flows of companies are just too hard to predict.

In the video below Mohnish Pabrai shares with us what we should look for in an investment and his investment checklist: