More about Mohnish Pabrai
Mohnish Pabrai Quotes
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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.
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Wisdom too often never comes, and so one ought not to reject it merely because it comes late.
June 12, 1964
Mohnish Pabrai is an Indian-American businessman, investor, and philanthropist.
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