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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.

Why read it

Explains value investing in plain language: seek low-risk, high-upside opportunities with favorable odds and act only when the edge is clear.

Helps readers estimate value instead of forecasting short-term price.

Helps readers demand a margin of safety.

Helps readers prioritize avoiding permanent loss.

Helps readers wait for price and quality to align.