The Psychology of Southwest Airlines

The way Southwest hires its people, I already told you that humans are hard-coded at the age of five. All you can do is try to make sure you bring in the right humans. Have you flown Southwest lately? They have that Baltimore big, huge Harvard Baltimore. When you walk in there, it's like a place like no other place you've seen.

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IN THIS EPISODE, YOU’LL LEARN:

Why Mohnish Pabrai recently invested in Southwest Airlines.
What Mohnish Pabrai’s biggest investment mistake is, and how he later made more than $100 million because of it.
If Warren Buffett and Charlie Munger consider any macro decisions in their investment approach.
Why the airline industry is a terrible sector, but might still be a great investment at the moment.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Mohnish’s new website: Chai with Pabrai.
Mohnish’s Book, The Dhandho Investor – Read Reviews for this book.
Mohnish’s Youtube Channel.
Kevin Freiberg’s book, Nuts – Read reviews of this book.
Charlie Munger’s book, Poor Charlie’s Almanack – Read reviews of this book.
Sam Walton’s book, Made in America – Read reviews of this book.

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