![]() Part 1: Four stories of “low-risk, high-return” business endeavours Four stories of “low-risk, high-return” business endeavours. ![]() The book has 17 chapters, but it’s easier to see them as three parts, let's call them: PS: the book is full of beautiful quotes, so I’ve taken the liberty of adding them here and there. 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. Last week I wrote about, The Evolution Of Media ( link to its summary).
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