The Dhandho Investor: The Low-Risk Value Method to High Returns
| Author | : | |
| Rating | : | 4.94 (890 Votes) |
| Asin | : | 047004389X |
| Format Type | : | paperback |
| Number of Pages | : | 208 Pages |
| Publish Date | : | 2015-06-14 |
| Language | : | English |
DESCRIPTION:
If you want to be like Warren, read this book by Monish. I am writing this review as an expression of gratitude to Monish Pabrai for writing this excellent and informative book. The word dhando, which comes from Sanskrit, means “endeavors that create wealth.” “The Dhando Investor” (DI) is described in detail in this interesting and informative book. The DI’s motto is “Heads, I win; tails, I don’t lose much.&rdquo. This book was recommended by Phil Town on his InvestED podcast and it Chris H This book was recommended by Phil Town on his InvestED podcast and it was right on the money (pun intended). Mohnish teaches investing through the story of the Patel family whose patriarch came to the US and spent his life savings to buy a single motel that nobody wanted. He risks it all on this one business, but he is young enough to recover from a loss if he couldn't make it work. His family live. "Not helpful at all" according to Kevin Britt. I've spent more time reading about the back story of several investors and then when it begins to get into specifics it then gails to explain how the pieces that formed the conclusion were put together. I found myself slamming the book down several times ataring at a table of informatiob and not understanding where the numbers came from. Really horrible for someone looking to learn. I made it to pa
A comprehensive value investing framework for the individual investorIn a straightforward and accessible manner, The Dhandho Investor lays out the powerful framework of value investing. Readers 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. Any investor who adopts the framework is bound to improve on results and soundly beat the markets and most professionals.. The Dhandho method expands on the groundbreaking principles of value investing expounded by Benjamin Graham, Warre
"Today's greatest rising investor"--Motley Fool "How to invest the way an Indian migrant with little money would do - by looking for companies with little downside…" (Financial Times, Tues 26th February)