We Americans love original ideas. But truly, there are already plenty of good ones out there, ours for the taking. If I were too proud to copy the ideas of others, I likely wouldnt have even a fraction of my current success.
Entrepreneurs are great at dealing with uncertainty and also very good at minimizing risk. That's the classic great entrepreneur. - Mohnish Pabrai
Entrepreneurs are great at dealing with uncertainty and also very good at minimizing risk. That's the classic great entrepreneur.
- Mohnish Pabrai
Wall Street sometimes gets confused between risk and uncertainty, and you can profit handsomely from that confusion. The low-risk, high-uncertainty [… - Mohnish Pabrai
Wall Street sometimes gets confused between risk and uncertainty, and you can profit handsomely from that confusion. The low-risk, high-uncertainty […
There is no such thing as a value trap. There are investing mistakes. - Mohnish Pabrai
There is no such thing as a value trap. There are investing mistakes.
The only way one should buy stocks is if you understand the underlying business. You stay within the circle of competence. You buy businesses you und… - Mohnish Pabrai
The only way one should buy stocks is if you understand the underlying business. You stay within the circle of competence. You buy businesses you und…
People see poverty all around them in India, but they are desensitized or immune to it. I came to the conclusion that poverty is driven by lack of ed… - Mohnish Pabrai
People see poverty all around them in India, but they are desensitized or immune to it. I came to the conclusion that poverty is driven by lack of ed…
You don’t make money when you buy stocks. And you don’t make money when you sell stocks. You make money by waiting. - Mohnish Pabrai
You don’t make money when you buy stocks. And you don’t make money when you sell stocks. You make money by waiting.
The good news in investing is there are no HR problems. If there are no humans, there are no problems! - Mohnish Pabrai
The good news in investing is there are no HR problems. If there are no humans, there are no problems!
Warren Buffett has said many times that people either get value investing in five minutes or they won't get it in five years. So, there is something … - Mohnish Pabrai
Warren Buffett has said many times that people either get value investing in five minutes or they won't get it in five years. So, there is something …
I have a hard time getting past the day without the nap, so the nap is a must. - Mohnish Pabrai
I have a hard time getting past the day without the nap, so the nap is a must.
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