Investors who have already become wealthy through compounding should focus on raising capital from friends and family, with track record being the primary marketing tool—if returns are strong, investors will seek out the manager rather than requiring active solicitation.
normativepending
Speaker
Manish PabraiEvidence Quote
“If independently wealthy, focus on friends/family... people will seek you out if you have done well... don't need to be great at raising capital”
Source
Virtual Value Investing Q&A Speaker Series Event at Brown University with Mohnish Pabrai— Value Investing Q&A Series Brown UniversityCreated: 8/11/2026, 1:53:00 AM
My Notes
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