Football Quote by Mohnish Pabrai
“Heads I win, tails I don’t lose much.”
About This Quote
Source Interview: Value Investing Strategies, 2014
A balanced bet yields modest loss; a win yields profit.
In simple terms: Winning yields profit, losing yields little loss.
Key Takeaway
Seek asymmetrical upside.
Themes
risk
reward
investment
Mood
analytical
confident
Type
strategic
practical
When to use this quote
- stock selection
- venture capital
- real estate
- options trading
Key Concepts
asymmetry
probability
risk management
Questions to Reflect On
- What opportunities offer high upside with limited downside?
- How do you assess asymmetric risk?
A Different Perspective
Risk can still erode gains if not managed.
![“Wall Street sometimes gets confused between risk and uncertainty, and you can profit handsomely from that confusion. The low-risk, high-uncertainty [situation] gives us our most sought after coin-toss odds. Heads, I win; tails, I don't lose much.” quote by Mohnish Pabrai](https://sms4smile.com/quotes/img-quotes/a52/mohnish-pabrai-17471_coins_wall-street-sometimes-gets-confused-betw_1495973.jpg)
