Play | Topics | Authors | Random

Danh ngôn của Mohnish Pabrai (Sứ mệnh: 7)

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.
The problem most nonprofits have is that they are run by romantics who are great to hang out with, but they have no clue.
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 years for the right pitch.
You don't make money when you buy stocks. And you don't make money when you sell stocks. You make money by waiting.