The Dhandho Investor  (English, Hardcover, Pabrai Mohnish)

The Dhandho Investor, by Mohnish Pabrai, discusses the low-risk value method to high returns. It offers a comprehensive value investing framework for the individual investor.

Summary of the Book

This title lays out the powerful framework of value investing. It distills the Dhandho capital allocation framework of the business savvy Patels from India and discusses how they can be applied successfully to the stock market. The Dhandho method is elaborated on the pioneering principles of value investing expounded by Benjamin Graham, Warren Buffett, and Charlie Munger. Readers will also be able to understand important value investing concepts like “Heads, I win! Tails, I don't lose that much!", "Few Bets, Big Bets, Infrequent Bets", Abhimanyu's dilemma, and a thorough treatise on using the Kelly Formula to invest in undervalued stocks.

About Mohnish Pabrai

Mohnish Pabrai is an Indian-American businessman, author, investor and philanthropist. He is a member of the Young Presidents’ Organization and a charter member of The Indus Entrepreneurs.