Mohnish Pabrai: Heads I win, tails I don't lose much
Mohnish Pabrai is a titan of value investing. He famously paid $650,100 (over ₹5.4 Crore) for a charity lunch with Warren Buffett—an investment he considers the "cheapest education" he ever received. Today, as we move through 2026, his tracked public equity holdings alone are valued at hundreds of millions of dollars, while his total net worth reflects decades of disciplined compounding. The Dhandho Framework: 2026 Perspective 📉 Low Risk, High Uncertainty: Invest when the world is panicking, but the business is solid. 🏠 The "Patel" Strategy: Focus on simple businesses that generate high cash flow. 🎯 Few Bets, Big Bets: Concentration is key. If you have a winning hand, bet heavy. 💎 Intrinsic Value: Only buy when the price is a massive bargain compared to real value. 🪙 "Heads I Win, Tails I Don't Lose Much": The ultim...