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Wall Street sometimes gets confused between risk and uncertainty, and you can profit handsomely from that confusion. The low-risk, high-uncertainty [situation] gives us our most sought after coin-toss odds. Heads, I win; tails, I don't lose much.
Mohnish Pabrai
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Punishment may make us obey the orders we are given, but at best it will only teach an obedience to authority, not a self-control which enhances our self-respect.
Bruno Bettelheim
Mohnish Pabrai
Born:
June 12, 1964
(age 61)
Bio:
Mohnish Pabrai is an Indian-American businessman, investor, and philanthropist.
Mohnish Pabrai on Wikipedia
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