Company and Investment Analysis

The Dhandho Investor - Mohnish Pabrai Acknowledgments “ I have very few original ideas. Virtually everything has been lifted from somewhere ”. He says that there is no shame in cloning and that there are plenty of very talented people out there from which you can take a lot of ideas. Chapter 1: Patel Motel Dhandho Dhandho is roughly translated to “ endeavors that create wealth ” and he suggests that the more correct, complete definition for him would be “ endeavors that create wealth while taking virtually no risk ” (p. 2). “ role models play a huge role in how humans pick their vocations ” (p. 5). A saying that is repeated numerously throughout the book and embodies the Dhandho approach to investing is: “Heads, I win; tails, I don’t lose much!” (p. 12). Chapter 2: Manilal Dhandho A common trait across Dhandho entrepreneurs in the early chapters of the book is that despite their improving economic situation, all of them continued to live quite simply, keeping expenses low and not splur...