The Dhandho Investor By Mohnish Pabrai Pdf Creator
The Dhandho Investor: The Low-Risk Value Method to High Returns eBook: Mohnish Pabrai: Amazon.ca: Kindle Store. The Dhandho Investor By Mohnish Pabrai Pdf Converter. The Dhandho Investor By Mohnish Pabrai Pdf Converter. Car Leasing Website Software. Enter the characters you see below. Sorry, we just need to make sure you're not a robot. For best results, please make sure your browser is accepting cookies. Governance and.
Jun 29, 2007 at 12:00AM Whatever you do, don't follow the investing framework laid out in this book. It will make my job as an investor that much more difficult because you'll be much more competitive. OK, that's not completely fair.
After all, one of the goals at The Motley Fool is to help you become a better investor. And that's exactly what The Dhandho Investor by money manager can do. But be forewarned: Pabrai gives us the recipe, but we have to determine the ingredients we'll need to make the dish.
Before we begin, let's a bit about Mohnish Pabrai. He manages Pabrai Investment Funds and, since 1999, has 'delivered annualized returns of over 28% (net to investors).'
With a track record like that, he's worth listening to. As of March 31, 2007, Pabrai registered 13 holdings in his portfolio. Steel producer IPSCO (NYSE:IPS) makes up 18.4% of the portfolio. Independent energy company Harvest Natural Resources (NYSE:HNR) and financial services company Fairfax Financial Holdings (NYSE:FFH) round out the top three. These may not be household names, but when you read the book, you'll see why Pabrai likes them as investment opportunities. Low risk, high return That's how he does it.
That's the message of the book. As an investor, Pabrai says stick to opportunities that have huge return potential with as little risk as possible. Intuitively, that makes perfect sense. Unfortunately, as humans, we're not wired that way, and we haven't really been taught to think that way. Humans love action. Ibreviary Completo Pdf there. We want to make things happen.
We want every day to be filled with activity. Pabrai says, not when it comes to investing! The title of Chapter 10?
'Few bets, big bets, and infrequent bets.' What kind of fun is that? Pabrai isn't looking to make investing fun -- he's looking to make you a better investor.
I think one reason we do this is because we've been taught that higher risk is the way to generate higher reward. We have to take risk to earn a higher return. Think about Dendreon (NASDAQ:DNDN) and the ups and downs associated with the trials of Provenge.