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rishabh1305's review against another edition
Started reading sth else... , as I was in exploratory phase or initial phase of my book reading journey.
kinginthedork's review against another edition
3.0
Chapter sixteen is a good read if you manage to begin investing early in your life. But the best dhandho is index fund khareedwanu, carrom ramwanu, jyus peewanu.
sinduja's review against another edition
2.0
This is a good book for an intermediate investor. The only problem I felt with it is that it has a lot or borrowed concepts. It talks about what others have said and feels to me like a consolidation of the words of other investment gurus. I wasn’t too satisfied with this book because when you read a book by an author who also has his own investment firm, you’d expect his own tips and tricks and not a golden book of best practices.
manoli92's review against another edition
5.0
This book can be summarized in one simple principle: Heads, I win and Tails, I don’t lose much. Insightful book on how to make sure you are maximizing your returns by differentiating between uncertainty and risk. Whether you’re an investor in the stock market or businesses, this is a must read book with valuable and practical concepts.
svstark's review against another edition
5.0
Except from extracts from mahabharata gone all wrong, the book is pretty simple and elegant for investors.
sumitkd52's review against another edition
5.0
A must read for a new investor. Simple yet pretty important concepts explained.
1. Focus on buying an existing business
2. Buy simple business in industries with an ultra slow rate of change
3. Buy distressed business in distressed industries
4. Buy business with a durable competitive advantage - the moat
5. Bet heavily when the odds are overwhelmingly in your favor
6. Focus on arbitrage
7. Buy businesses at big discounts to their intrinsic value
8. Look for low risk high uncertainty businesses
9. It's better to be a copycat than an innovator
The summary of the book.
1. Focus on buying an existing business
2. Buy simple business in industries with an ultra slow rate of change
3. Buy distressed business in distressed industries
4. Buy business with a durable competitive advantage - the moat
5. Bet heavily when the odds are overwhelmingly in your favor
6. Focus on arbitrage
7. Buy businesses at big discounts to their intrinsic value
8. Look for low risk high uncertainty businesses
9. It's better to be a copycat than an innovator
The summary of the book.
milandeep's review against another edition
4.0
This book by Mohnish Pabrai describes the concept of value investing in the simplest terms. Even a person new to investing could get a good idea of how value investing really works. He is honest enough to say that he has very few original ideas. He is an unabashed admirer of Warren Buffet and Charlie Munger. Where this book lacks is that he has not discussed the mistakes that he has made and how he has learnt from them. He does not go into the detailed analysis of the cash flows of the companies he is selecting. The overuse of the phrase "Heads, I win; tails, I don't lose much!" could be annoying to the readers. Overall, a very good introduction for people who are new to value investing.