Mohnish Pabrai
The Dhandho Investor - Buffett Disciple and Philanthropist
Mohnish Pabrai
Value Investing
Key Stats
Net Worth
$200 Million
Origin
American/Indian
Lifespan
Born 1964 (62 years old)
Biography
Mohnish Pabrai is a value investor, author, and philanthropist who has achieved remarkable returns by following the investment principles of Warren Buffett and Charlie Munger. He is known for his "Dhandho" approach and his charitable work through the Dakshana Foundation.
Pabrai Investment Funds
Pabrai founded his investment funds in 1999 with $1 million. Using a concentrated, value-oriented approach, he generated returns of over 1,100% from 2000 to 2018, significantly outperforming the S&P 500.
The Dhandho Framework
Pabrai's book "The Dhandho Investor" outlines his investment philosophy, inspired by the Gujarati Patel community's approach to business: "Heads I win, tails I don't lose much." He looks for low-risk, high-uncertainty situations.
Lunch with Buffett
In 2007, Pabrai and Guy Spier paid $650,100 at a charity auction to have lunch with Warren Buffett. This experience deepened his commitment to Buffett's principles and philanthropy.
Dakshana Foundation
Pabrai founded the Dakshana Foundation to help underprivileged students in India gain admission to top engineering schools. The foundation has helped thousands of students transform their lives.
Trading Philosophy
"Heads I win, tails I don't lose much. That's the Dhandho framework."
Famous Trades
Various Value Stocks
Concentrated portfolio of undervalued stocks generated exceptional returns during this period.
Exceptional Returns
+600%+
Legendary Quotes
"Heads I win, tails I don't lose much. That's the Dhandho framework."
"Investing is simple, but not easy."
Recommended Reading
The Dhandho Investor
The low-risk value method to high returns
Mosaic: Perspectives on Investing
Collection of investment insights