Quote · My First Million
Mohnish Pabrai: This will save you 10 years of bad investments
Where this was said
If you remember nothing else, remember this
At 1:38:21 · chapter starts 1:37:51
When Shaan notes that 5 million people have listened to their previous conversations but many couldn't say what they actually took away, Pabrai responds with his most personal answer of the entire episode [1] — Mohnish Pabrai "Who you are is hardcoded by age 5. Most people never find their calling because the world tells them what they're supposed to do instead. L…" 1:38:21 . Lead an aligned life. By age 5, genetics and early experience have wired into each of us a calling — a specific music we're meant to get out into the world. Most people never find it because the world's educational and social systems tell us what we're supposed to do instead of helping us discover who we actually are. The human brain's window for specialisation — ages 11 to 20 — is the exact window the education system uses to make everyone a generalist. Gates coded obsessively through the night in that window. Buffett picked stocks. Michelangelo sculpted. The shortcut to finding your calling is working with an industrial psychologist: Pabrai's recommendation is Jack Skeen, who does roughly 20 such engagements per year. If you won't do that, pay attention to what energises you versus what drains you, and pursue the former relentlessly. Pabrai found his calling at 34-35, having wandered the wilderness before that. The earlier you find it, the more music you get to put into the world.
Pabrai argues that who we are is determined by genetics and early childhood by age 5, and living an 'aligned' life — where external actions match internal calling — is the single most important thing one can do.
Who you are is hardcoded by age 5. Most people never find their calling because the world tells them what they're supposed to do instead. Living an aligned life — matching your outer world to your inner map — is the single most important thing you can do. Forget investing strategy. Get this right first.
