Mohnish Pabrai

Entrepreneurs are great at dealing with uncertainty and also very good at minimizing risk. That's the classic great entrepreneur.

— Mohnish Pabrai

The essence of a good investment manager is one who studies a given business and extrapolates the future cash flows that the…

— Mohnish Pabrai

“Einstein also recognized the power of simplicity, and it was the key to his breakthroughs in physics. He noted that the five…

— Mohnish Pabrai

The single biggest advantage a value investor has is not IQ. It's patience and waiting. Waiting for the right pitch, and waiting…

— Mohnish Pabrai

One of the first things I tell people is, if you want to learn about investing, you want to open an account…

— Mohnish Pabrai

To the extent societal rules or the wiring of your brains make it easy to acquire a lot of assets, then to…

— Mohnish Pabrai

Before starting my own investment funds, the only models I was aware of were those of Warren Buffett and Charlie Munger. Their…

— Mohnish Pabrai

I have a hard time getting past the day without the nap, so the nap is a must.

— Mohnish Pabrai

We Americans love original ideas. But truly, there are already plenty of good ones out there, ours for the taking. If I…

— Mohnish Pabrai

The problem most nonprofits have is that they are run by romantics who are great to hang out with, but they have…

— Mohnish Pabrai

The stock knows that I bought it, and it decides, 'Mohnish is done. Now let's go down.'

— Mohnish Pabrai

Mistakes are the best teachers. One does not learn from success. It is desirable to learn vicariously from other people's failures, but…

— Mohnish Pabrai

Wall Street sometimes gets confused between risk and uncertainty, and you can profit handsomely from that confusion. The low-risk, high-uncertainty [situation] gives…

— Mohnish Pabrai

I own a company called Rain Industries.

— Mohnish Pabrai

The government has to be flexible in Air India sale price, structure, and employee management plan.

— Mohnish Pabrai

I think a lot of people are getting more serious about how to do the most good, but there is no road…

— Mohnish Pabrai

We have to do what I would call anomalies: we have to look for strange things that show up once in a…

— Mohnish Pabrai

Warren Buffett has said many times that people either get value investing in five minutes or they won't get it in five…

— Mohnish Pabrai

Basically if you study entrepreneurs, there is a misnomer: People think that entrepreneurs take risk, and they get rewarded because they take…

— Mohnish Pabrai

I used to not talk much to anyone about my investments.

— Mohnish Pabrai

Heads I win, tails I don’t lose much.

— Mohnish Pabrai

When I ran a small IT services business in the 1990s, it had strong recurring revenues - yet I couldn't accurately forecast…

— Mohnish Pabrai

The good news in investing is there are no HR problems. If there are no humans, there are no problems!

— Mohnish Pabrai

One might think of investment managers as astronomers and CEOs as astronauts. The two roles are radically different with distinct personality traits.…

— Mohnish Pabrai

People see poverty all around them in India, but they are desensitized or immune to it. I came to the conclusion that…

— Mohnish Pabrai