Value investing2007
The Dhandho Investor
Mohnish Pabrai
Explains value investing in plain language: seek low-risk, high-upside opportunities with favorable odds and act only when the edge is clear.
Author
Mohnish Pabrai is the author of `The Dhandho Investor`. The book reflects an approach centered on how to estimate value instead of forecasting short-term price and demand a margin of safety.
Evaluate the framework separately from the author's reputation, and test each recommendation in the current context.