

Any investor who adopts the framework is bound to improve on results and soundly beat the markets and most professionals. Using a light, entertaining style, Pabrai lays out the Dhandho framework in an easy-to-use format. Readers will be introduced to important value investing concepts such as "Heads, I win! Tails, I don't lose that much!," "Few Bets, Big Bets, Infrequent Bets," Abhimanyu's dilemma, and a detailed treatise on using the Kelly Formula to invest in undervalued stocks. The Dhandho method expands on the groundbreaking principles of value investing expounded by Benjamin Graham, Warren Buffett, and Charlie Munger. What makes the book so great is his ability, much like Buffett, to distill complex concepts into simple examples. Written with the intelligent individual investor in mind, this comprehensive guide distills the Dhandho capital allocation framework of the business savvy Patels from India and presents how they can be applied successfully to the stock market. 'Dhandho' (a Gujarati term), by Mohnish's definition, is the ability to weigh out the odds in investing to find opportunities where 'heads I win, tails I don't lose much' Asymmetric, indeed. About Book: A comprehensive value investing framework for the individual investor In a straightforward and accessible manner, The Dhandho Investor lays out. In a straightforward and accessible manner, The Dhandho Investor lays out the powerful framework of value investing. In a straightforward and accessible manner, The Dhandho Investor lays out the. A comprehensive value investing framework for the individual investor A comprehensive value investing framework for the individual investor.
