Author: Mohnish Pabrai

Quotes

You don't make money when you buy stocks. And you don't make money when you sell stocks. You make money by waiting.

You don't make money when you buy stocks. And you don't make money when you sell stocks. You make money by waiting.

- Mohnish Pabrai

Entrepreneurs are great at dealing with uncertainty and also very good at minimizing risk. That's the classic great entrepreneur.

Entrepreneurs are great at dealing with uncertainty and also very good at minimizing risk. That's the classic great entrepreneur.

- Mohnish Pabrai

The only way one should buy stocks is if you understand the underlying business. You stay within the circle of competence. You buy businesses you understand.

The only way one should buy stocks is if you understand the underlying business. You stay within the circle of competence. You buy businesses you understand.

- Mohnish Pabrai

The good thing about getting wealthy is we don't need to understand a lot of things!

The good thing about getting wealthy is we don't need to understand a lot of things!

- Mohnish Pabrai

The good news in investing is there are no HR problems. If there are no humans, there are no problems!

The good news in investing is there are no HR problems. If there are no humans, there are no problems!

- Mohnish Pabrai

The single biggest advantage a value investor has is not IQ. It's patience and waiting. Waiting for the right pitch, and waiting for many years for the right pitch.

The single biggest advantage a value investor has is not IQ. It's patience and waiting. Waiting for the right pitch, and waiting for many years for the right pitch.

- Mohnish Pabrai

I think a lot of people are getting more serious about how to do the most good, but there is no road map. I'm hoping I can offer an example.

I think a lot of people are getting more serious about how to do the most good, but there is no road map. I'm hoping I can offer an example.

- Mohnish Pabrai

I have a hard time getting past the day without the nap, so the nap is a must.

I have a hard time getting past the day without the nap, so the nap is a must.

- Mohnish Pabrai

People see poverty all around them in India, but they are desensitized or immune to it. I came to the conclusion that poverty is driven by lack of education.

People see poverty all around them in India, but they are desensitized or immune to it. I came to the conclusion that poverty is driven by lack of education.

- Mohnish Pabrai

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