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

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

I have a hard time getting past the day without the nap, so the nap is a must.

- 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.

- 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…

- Mohnish Pabrai

The good news in investing is there are no HR problems. If there are no humans, there are no problems!

- 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 …

- Mohnish Pabrai

There is no such thing as a value trap. There are investing mistakes.

- Mohnish Pabrai