The Dhandho Investor, Mohnish Pabrai
The Dhandho Investor, Mohnish Pabrai
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The Dhandho Investor
The Low-Risk Value Method to High Returns

Author: Mohnish Pabrai

Narrator: Neil Shah

Unabridged: 5 hr 4 min

Format: Digital Audiobook Download

Publisher: Ascent Audio

Published: 07/30/2019


Synopsis

A comprehensive value investing framework for the individual investor

In a straightforward and accessible manner, The Dhandho Investor lays out the powerful framework of value investing. Written with the intelligent individual investor in mind, this comprehensive guide distills the Dhandho capital allocation framework of the business savvy Patels from India and presents how they can be applied successfully to the stock market. The Dhandho method expands on the groundbreaking principles of value investing expounded by Benjamin Graham, Warren Buffett, and Charlie Munger. Listeners will be introduced to important value investing concepts such as "Heads, I win! Tails, I don't lose that much!," "Few Bets, Big Bets, Infrequent Bets," Abhimanyu's dilemma, and a detailed treatise on using the Kelly Formula to invest in undervalued stocks. Using a light, entertaining style, Pabrai lays out the Dhandho framework in an easy-to-use format. Any investor who adopts the framework is bound to improve on results and soundly beat the markets and most professionals.

Reviews

Goodreads review by Rohit on October 04, 2018

This is a good book on investing fundas in the equity markets from a very well known name in the American capital markets. I had first come across the author's name when he became famous in 2007 for buying dinner with Warren Buffett along with his partner at Buffett's annual charity auction. Enamour......more

Goodreads review by Scott on July 09, 2009

Why I Read this Book: Pabrai has proven his application of value investing to be hugely successful. I wanted to learn what made it real for him. He has been a great teacher. Review: I just finished The Dhandho Investor for the second time, and doubt it will be my last. A quick and inspiring read that......more

Goodreads review by Chris on March 29, 2021

This book is absolutely ridiculous, and it hurts my soul that people who I respect think that this is one of the best books ever written on investment. The theory is great, but the practice and arguments that Pabrah presents are so bad that it's hard to put into words. The idea of value investing is......more

Goodreads review by Paul on January 17, 2018

The author compares motel owners who migrated from his native India as a metaphor for value investors. I don't get the connection between people willing to eat, sleep and live in their own properties to make ends meet and a person buying undervalued stocks. Some valid points, but the premise is ques......more

Goodreads review by Darcy on October 31, 2021

Every man and his dog has written an investing book these days, but Mohnish has merit. This is an unbelievable read that simplifies an important investment strategy ‘heads I win, tails I don’t lose much’ Took a lot out of this book and highly recommend it......more