Mohnish Pabrai quotes

I have a hard time getting past the day without the nap, so the nap is a must. (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 it gets much more firmly seared in when they are your own. View quote
Mohnish Pabrai
The good news in investing is there are no HR problems. If there are no humans, there are no problems! View quote
Mohnish Pabrai
Basically if you study entrepreneurs, there is a misnomer: People think that entrepreneurs take risk, and they get rewarded because they take risk. In reality entrepreneurs do everything they can to minimize risk. They are not interested in taking risk. They want free lunches and they go after free lunches. View quote
Mohnish Pabrai
We Americans love original ideas. But truly, there are already plenty of good ones out there, ours for the taking. If I were too proud to copy the ideas of others, I likely wouldnt have even a fraction of my current success. View quote
Mohnish Pabrai
There is no such thing as a value trap. There are investing mistakes. View quote
Mohnish Pabrai
You don't make money when you buy stocks. And you don't make money when you sell stocks. You make money by waiting. View quote
Mohnish Pabrai
The only way one should buy stocks is if you understand the underlying business. You stay within the circle of competence. You buy businesses you understand. View quote
Mohnish Pabrai
The problem most nonprofits have is that they are run by romantics who are great to hang out with, but they have no clue. View quote
Mohnish Pabrai
People see poverty all around them in India, but they are desensitized or immune to it. I came to the conclusion that poverty is driven by lack of education. View quote
Mohnish Pabrai
Entrepreneurs are great at dealing with uncertainty and also very good at minimizing risk. That's the classic great entrepreneur. (Mohnish Pabrai)

Mohnish Pabrai

Mohnish Pabrai - Image
Photo: Fabarsi, CC BY-SA 3.0
Occupation: Indian Businessman
Born: June 12, 1964
Quotes count: 11