Dhandho investor 翻譯 full#
“Either we work on minimum wage at $1.6 per hour, netting ~ $6,000 per year ( if both elders in the family worked full time). The thinking of the head of the family would’ve been something like this:
Dhandho investor 翻譯 free#
They saw the motel business as a way of making a decent living, while getting free family accommodation. After spending decades there, a few thousand of them came to the US as refugees. At the same time, thousands from the Patel community were kicked out from Uganda (Africa) after it came under a dictators rule. Ch 1: Patel Motel Dhandhoĭuring 1973, USA was entering a recession as a result, many properties were on sale at relatively cheap prices. Mohnish here sets the tone by sharing four remarkable stories which defy business school logic and emphatically state that one needn’t undertake high risk to seek high returns. Part 1: Four stories of “low-risk, high-return” business endeavours
With that introduction, let’s get into his book. Beyond being a money manager, Mohnish is - an eloquent speaker ( here’s his YouTube channel), and a committed philanthropist through an organisation he calls the Dakshana Foundation. Having paid homage to them many a time, Mohnish often states that most of what he knows and practices comes from them. He’s a devoted disciple of investing icons, Warren Buffett and Charlie Munger. Mohnish is an Indian-born American, settled in Irvine, California. Its literal meaning though, is “endeavours to create wealth.” “Dhandho” is a Gujarati word that simply means “business”. Today I’m sharing my notes from a famous book first published in 2007 - The Dhandho Investor, by Mohnish Pabrai. Here’s what I was listening to while writing today’s article go ahead, play it in the back. It was a relatively brief piece, which was received well. We’ve got you covered.įind out why thousands of people are joining every day.Last week I wrote about, The Evolution Of Media ( link to its summary). Alphafunzonemakes it easy to discover the latest literary masterpiece, a new genre, an up and coming author. Enjoy your books hassle free - no interruptions and no advertisements.
Access your titles anywhere on any device including PC, Tablet, Mobile, PS4, Xbox One, and Smart TVs. New titles added every day! We like to keep things fresh.Īll platforms. Get the best Books, Magazines & Comics in every genre including Action, Adventure, Anime, Manga, Children & Family, Classics, Comedies, Reference, Manuals, Drama, Foreign, Horror, Music, Romance, Sci-Fi, Fantasy, Sports and many more. More than 10 million titles spanning every genre imaginable, at your fingertips.
Dhandho investor 翻譯 Pc#
Unlimited Books, Magazines, & Comics wherever you are: directly in your browser on your PC or tablet. Join hundreds of thousands of satisfied members who previously spent countless hours searching for media and content online, now enjoying the hottest new Books, Magazines & Comics on alphafunzone. Any investor who adopts the framework is bound to improve on results and soundly beat the markets and most professionals. Using a light, entertaining style, Pabrai lays out the Dhandho framework in an easy to use format.
Readers will be introduced to important value investing concepts such as Heads, I win! Tails, I dont lose that much!, Few Bets, Big Bets, Infrequent Bets, Abhimanyus dilemma, and a detailed treatise on using the Kelly Formula to invest in undervalued stocks. The Dhandho method expands on the groundbreaking principles of value investing expounded by Benjamin Graham, Warren Buffett, and Charlie Munger. 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. 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.
0 kommentar(er)
