The good thing about getting wealthy is we don't need to understand a lot of things! — Mohnish Pabrai Copy Share Image
Entrepreneurs are great at dealing with uncertainty and also very good at minimizing risk. That's the classic great entrepreneur. — Mohnish Pabrai Copy Share Image
The essence of a good investment manager is one who studies a given business and extrapolates the future cash flows that the business is… — Mohnish Pabrai Copy Share Image
“Einstein also recognized the power of simplicity, and it was the key to his breakthroughs in physics. He noted that the five ascending levels… — Mohnish Pabrai Copy Share Image
The single biggest advantage a value investor has is not IQ. It's patience and waiting. Waiting for the right pitch, and waiting for many… — Mohnish Pabrai Copy Share Image
One of the first things I tell people is, if you want to learn about investing, you want to open an account and make… — Mohnish Pabrai Copy Share Image
To the extent societal rules or the wiring of your brains make it easy to acquire a lot of assets, then to the extent… — Mohnish Pabrai Copy Share Image
Before starting my own investment funds, the only models I was aware of were those of Warren Buffett and Charlie Munger. Their models made… — Mohnish Pabrai Copy Share Image
I have a hard time getting past the day without the nap, so the nap is a must. — Mohnish Pabrai Copy Share Image
We Americans love original ideas. But truly, there are already plenty of good ones out there, ours for the taking. If I were too… — Mohnish Pabrai Copy Share Image
The problem most nonprofits have is that they are run by romantics who are great to hang out with, but they have no clue. — Mohnish Pabrai Copy Share Image
The stock knows that I bought it, and it decides, 'Mohnish is done. Now let's go down.' — Mohnish Pabrai Copy Share Image
Mistakes are the best teachers. One does not learn from success. It is desirable to learn vicariously from other people's failures, but it gets… — Mohnish Pabrai Copy Share Image
