the dhandho investor by mohnish pabrai pdf free

9 years later, he sold the company for several million dollars. with $100,000 including $70,000 in credit card debt. In 1991, Mohnish started an IT consulting and systems integration company, TransTech, Inc. But first, In case you don’t know Mohnish Pabrai, here’s a short introduction of him: We’ll get back to the Patels and the Dhandho framework later in this summary. The Dhandho way of doing business is the pillar behind Mohnish’s own investing approach at Pabrai Investment Funds, and in The Dhandho Investor, he wonderfully distills the framework for how the Dhandho principles can be applied successfully in the stock market. The answer is that they simply outcompeted everyone using the principles of what author Mohnish Pabrai calls “Dhandho” a low-risk, high-return approach to business stemming from the Gujarati word meaning endeavors that create wealth. motel assets worth well over $50 billion.Īnd after conquering motels, The Patels went upmarket and started trumping high-end hotels such as the Marriotts, the Hyatts, and the Hiltons applying the same principles which allowed them to gobble up a dominating position in the motel business. population but has ended up owning well over 50% of all U.S. Today, this small sub-part of Indians makes up only about 0.1% of the U.S.

In the 1970s, a small ethnic group from India named the Patels first began arriving in the United States as poorly educated people with no money to their name.

The dhandho investor by mohnish pabrai pdf free