Failure Quote by Mohnish Pabrai Download Open image “There is no such thing as a value trap. There are investing mistakes.” — Mohnish Pabrai ★ ★ ★ ★ ★ 4.9 out of 5 (3 ratings) Copy quoteShare Failure Investing Mistake Mistakes Thing Trap Traps Value Values
It is important to remember that value investing is not a perfect science. It is an, with an ongoing need for judgment, refinement, patience, and reflection. It requires endless curiosity, the relentless pursuit of additional information, the raising of questions, and the search for answers. It necessitates dealing with imperfect information - knowing you will never know everything and that… — Seth Klarman Copy Share
There are so many traps, so many ways of getting screwed in this business. — Max Martin Copy Share Image
The entire pursuit of value investing requires you to see where the crowd is wrong so that you can profit from their misperceptions. — Guy Spier Copy Share Image
A value strategy is of little use to the impatient investor since it usually takes time to pay off. — Seth Klarman Copy Share Image
You're looking for a mispriced gamble. That's what investing is. And you have to know enough to know whether the gamble is mispriced. That's… — Charlie Munger Copy Share Image
Value investing strategies have worked for years and everyone's known about them. They continue to work because it's hard for people to do, for… — Joel Greenblatt Copy Share Image
Once you adopt a value-investment strategy, any other investment behavior starts to seem like gambling. — Seth Klarman Copy Share Image
It became clear to me that our value as people is not in our stock portfolios and bank accounts but in the legacies we… — Julia Butterfly Hill Copy Share Image
Too often, the public can fall into the trap of investing when stock prices are rising, not dropping. — Kelly Evans Copy Share Image
The secret to investing is to figure out the value of something - and then pay a lot less. — Joel Greenblatt 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
When you do things they're absolutely right at that time for you and it can always teach you something about yourself. You can take… — Kym Marsh Copy Share Image
Failures happen. You can't cry over them. You just take it in your stride because you know that you have done your best... Sometimes,… — Divya Dutta Copy Share Image
“Rhiannon's Law #28: If you're going to fuck up, be sure to fuck up good and proper. Nothing makes failure acceptable, so you might… — Anonymous Copy Share Image
Failure is a part of life and you have to learn to deal with it. Failure is something that is part of life's cycle… — Colin Powell Copy Share Image
If my child had prejudice in his head, I'd be ashamed. I would see it as my failure as a parent. — Salman Rushdie Copy Share Image
First action was a mistake. What about the second? third? fourth and fifth?...Mehn you are bad... — Anonymous Copy Share Image
Don’t you just hate nights like that, when you think over every mistake you’ve made, every hurt you’ve received, every bit of meanness you’ve… — Charlaine Harris Copy Share Image
“Our failure to understand another being's inner reality doesn't make that reality any less real, or any less valuable to that being. (p.255)” — Kathryn Schulz Copy Share Image
I hope that the Palestinians don't make the mistake of unleashing a new intifada. They've tried it twice before, and the consequences were bad for both sides. But I don't think the forces are there (that could carry out) an uprising against the leadership. The people that could initiate it are in Israeli prisons. And what could they hope to… — Tom Segev Copy Share
Don't take too much comfort in the fact that you're successful today because tomorrow could bring failure. There's no surety in life. — Michael Savage Copy Share Image
