Heads, I win; tails, I don't lose much.

Mohnish Pabrai

Investors

Mohnish Pabrai

Born in 1964 in Mumbai, Mohnish Pabrai used the proceeds from selling his IT company to establish Pabrai Investment Funds. A faithful practitioner of Buffett and Munger's philosophy, he systematized the principle of 'low risk, high return' in his book The Dhandho Investor. He occupies a unique position as both practitioner and evangelist within the value-investing community.

View this figure's profile

Source: The Dhandho Investor: The Low-Risk Value Method to High ReturnsVerified

Mohnish Pabrai's Other Quotes

Invest in existing businesses. Invest in simple businesses. Invest in distressed businesses in distressed industries.

Cloning is a very good way to invest. If you can identify what the best investors in the world are buying, you can learn a lot.

Related Quotes

By failing to prepare, you are preparing to fail.

-- Benjamin Franklin

Conceive optimistically, plan pessimistically, execute optimistically.

-- Kazuo Inamori

The most important thing is being attentive to cycles.

-- Howard Marks

You can't predict. You can prepare.

-- Howard Marks

I try to invest in companies where the downside is limited and the upside is significant.

-- Bruce Berkowitz

I try to learn from every mistake. When we lose money, I want to understand exactly why we lost it.

-- David Einhorn