MarketPinch offers reviews and short commentary on books and articles on economics, market trends and stocks.

Monday, May 10, 2010

The Dhandho Investor by Monish Pabrai

This book can be dubbed the Gujrati way to make money in stocks. It's overarching message to investors is the mantra 'Heads I win, tails I don't lose much!' Monish Pabrai should be commended for his very detailed examples. It is rare to see any investor share his methodology so explicitly. He touches on themes repeated by value investing gurus on how to make money in the stock market - strategy,discipline and patience.

The only complaint I have against this book is the repetitions he makes every few pages. His awe of the Patels is obvious and one can't blame him for their strategy is low risk with high returns.