In a straightforward and accessible manner, The Dhandho Investor lays out the powerful framework of value investing. Written with the intelligent individual. The Dhandho Invester is a book which primarily focusses on the Dhandho way of running a business I.e. buy cheap and make it big. Written by. The following are my highlights from The Dhandho Investor by Mohnish Pabrai of Pabrai Funds. He’s good friends with Guy Spier, the author of.
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Page 1 of 1 Start over Page 1 of 1. There’s a problem loading this menu right now. I really liked this book. Thank you Guy Spier for recommending this book. My guess is it has a great deal to do with the lack of excitement and activity that goes with his strategy. Using a light, entertaining style, Pabrai lays out theDhandho framework in an easy-to-use format.
I think the public might get the message better if it were explained in terms of the quest for the absolut free lunche nirvana ie: Also almost a whole chapter is dedicated to financial websites for the American investor which can be useful titbit for investment tips. Amazon Drive Cloud storage from Amazon. Pabrai also details each deceptively simple Dhandho concept in astraightforward, entertaining fashion, with individual chaptersthat explain why you should: Pg – good explanation of permanent loss of capital – hence, makes sense to get into low risk high u Mohnish’s journey until before he realised that he had ignored quite a few other risks.
Feb 16, Leandro Melendez rated it it was amazing. The Education of a Value Investor: Bet on industries with ultra low rate of change. He does not go into the detailed analysis of the cash flows of the companies he is selecting. Worst-case scenario, the company could sell the real estate and double or triple its value. I’m going back for m second read with a highlighter Other investment books sometimes I have to force myself to push through them but Dhandho was a breeze.
The book is easy to read and doesn’t contain a lot of terminology. Buying low priced, sometimes distressed assets can be hard to do because it seems counterintuitive. Write a customer review. In hindsight, this was likely a mistake on my part. Summary of the Book This title lays out the powerful framework of value investing.
The Dhandho Investor: The Low-Risk Value Method to High Returns by Mohnish Pabrai
But you definitely walk away with rules that will make a more disciplined and careful investor. Sep 07, Moaz Khan rated it it was amazing. Readers will be introduced to important value investing concepts such as “Heads, I win!
Throughout the book Pabrai does a superb job of using examples from his India culture to subtly get the basic points across to us. The best book I’ve ever read.
The Dhandho Investor: The Low-Risk Value Method to High Returns
But I think I have read far too many books to understand the same concept. Second to incredibly valuable investment knowledge, this book screams generosity and gratitude both to those who have taught him and to those whom he is now teaching. Set up a giveaway. It has now become a guide. Invest in Distressed Businesses in Distressed Industries. If it succeeded he could afford to leave his job.
This book is full of great advice. Down to earth Pabrai tells of the Indian domination of dhsndho small hotel market across the US. He has been a great teacher.
The author has lifted examples, quotes and anecdotes from Buffett’s life. And, it has a durable moat. I was thinking to hoping gain better insights around the Pabrai thought process and while the book did explain that, I felt Invwstor was reading the same stuff as Warren Buffet newsletters which I can get for free – buy with moat, margin of safety, durable competition, etc.
Clearly Explains the Dhandho Concept If you want to understand how to truly make money in the markets, this book is a dhaneho read. The younger you are when you read this, the better. He does everything short of giving you his latest investment picks.
Learn more about Amazon Prime. Considering how much praise he received and bearing in mind the famous WB lunch, I got curious to learn more. Pg – good explanation of permanent loss of capital – hence, makes sense to get into low risk high uncertainty situations There is a brilliant study of Level 3 on pg – All in all, a decent book that can give a reader a refreshing perspective towards thinking about investments – Not particularly great The book starts very colloquially I have been struggling to read The Intelligent Investor for more than a year now.
Amazon Rapids Fun stories for kids on the go.
Buy for others
When it comes down to it, most would prefer the excitement of gambling than to conservatively investing dhanho great businesses over the long term. Oct 26, Manoj rated it it was amazing Shelves: Traditional investment has always taught that if you want a higher rate of return, you have to settle for a higher level of risk.
Fundamentals of Corporate Finance. And yet you walk away with a very solid understanding of the 9 key concepts dhanrho Pabrai has learned over the years from the examples he uses along with guys like Buffet, Graham, Spier, and others.
Just recently I came across a retail business that owned real estate worth times the value of its stock. Similar, but then WB is WB.