Dhandho Investor by Mohnish Pabrai

A Practical Guide to Value Investing

The Dhandho Investor offers a clear and concise introduction to value investing. Inspired by the successful strategies of Indian business families, this book presents a comprehensive framework for individual investors.

Building on the foundations laid by Benjamin Graham, Warren Buffett, and Charlie Munger, the Dhandho method emphasizes concepts like asymmetrical risk-reward, concentrated bets, and disciplined investing. Readers will learn about the “Heads, I win! Tails, I don’t lose that much!” approach, the “Few Bets, Big Bets, Infrequent Bets” strategy, and the Kelly Formula for investing in undervalued stocks.

With its engaging style and practical approach, The Dhandho Investor is a valuable resource for any investor looking to improve their performance and outperform the market.