My First Million

Quote · My First Million

Mohnish Pabrai: This will save you 10 years of bad investments

Explore episode May 22, 2026

If you are even a slightly above average investor, and spend less than you earn and do not use leverage, you can't help but get rich over a lifetime.

Mohnish Pabrai

Mohnish Pabrai: This will save you 10 y…

Similar quotes

Standing there at parade rest for me is not an option.

Brian Waters

The “Repeatable” Strategy That Helped H…

I have not steered away from my buy box in the past 6 months... I'm literally like creating the exact same recipe every single time.

Brian Waters

The “Repeatable” Strategy That Helped H…

Everyone talks about OPM, other people's money. There's something called OPK, it's other people's knowledge.

Brian Waters

The “Repeatable” Strategy That Helped H…

I think social media is your new business card. They want to go back in time and they want to see what you've accomplished.

Brian Waters

The “Repeatable” Strategy That Helped H…

First and foremost, listeners, please keep your job. It's the golden goose.

Brian Waters

The “Repeatable” Strategy That Helped H…

If it's an eviction or whatever, they leave, they're going to guarantee that rent that you signed on the lease. So I'm like, you cannot lose, you guys.

Brian Waters

The “Repeatable” Strategy That Helped H…

I think truthfully, it's irresponsible for people that are brand new to go out and ask for it... if you're brand new, you probably shouldn't be using private money.

Brian Waters

The “Repeatable” Strategy That Helped H…

The very first property I ever bought in California, I just refinanced that, pulled out $150 grand to buy an Airbnb.

Brian Waters

The “Repeatable” Strategy That Helped H…

I'll send a picture in there, 'Hey, how would you handle this situation?' And it could be like a front porch, and I want to see their response. The educated response means, guess what, they probably know what they're doing.

Brian Waters

The “Repeatable” Strategy That Helped H…

Up next:

0:00