Mohnish Pabrai's Interview with Knowledge Inside podcast on August 19, 2026 - Episode 1

Pabrai favors memory-chip oligopolists and Berkshire Hathaway over a potentially flat S&P 500 for the next decade.

• Korea memory oligopoly: Pabrai calls SK Hynix, Samsung, and Micron the AI boom's "pickaxe makers"—an entrenched three-player market locking in take-or-pay contracts that secure revenue regardless of AI's trajectory, though he avoided naming it as advice for retail investors given circle-of-competence limits.
• Berkshire as the index: With the S&P 500 potentially flat (-2% to +2%/year) for a decade like 1965-82 and 1999-2010, Pabrai suggests Berkshire Hathaway (BRK.B) as a substitute index, including for Korean investors.

Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.