Pabrai Mohnish Quotes & Sayings

When we work with nature instead of trying to impose our will, the solution is often found within the problem. — David Holmgren

People see poverty all around them in India, but they are desensitized or immune to it. I came to the conclusion that poverty is driven by lack of education. — Mohnish Pabrai

The hardest diet I was ever on was the one when I was fat. You can only wear fat clothes, you don't feel good, your sex life gets damaged, you don't have energy for anything. It's horrible. — Drew Carey

By standing still, we're making the things we don't like about Obamacare even worse, forcing Missourians to bear all the costs of this law - and reap none of the benefits. — Jay Nixon

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

I have a Blackberry which I use, but I am one of those people who can only type on it with one hand. — Dev Patel

I am the Federal Government. — Tom DeLay

We left the Bentley and Tim at a garage, and Alan and I travelled back to Brussels to hire a much less magnificent vehicle. When we picked Tim up the next morning, he told us that he'd spent the night in his room with a 'bird'. Intrigued, we questioned him closely, and learned that he had been woken in the middle of the night by a strange, rather alarming noise and that when he had put the light on he had discovered a turkey vomiting on the mantelpiece. He'd thought of complaining but found that his phrase book did not cover this contingency. — John Cleese

You don't make money when you buy stocks. And you don't make money when you sell stocks. You make money by waiting. — Mohnish Pabrai

Wives live longer than husbands because they're not married to women. — Colin Mochrie

We Americans love original ideas. But truly, there are already plenty of good ones out there, ours for the taking. If I were too proud to copy the ideas of others, I likely wouldn't have even a fraction of my current success. — Mohnish Pabrai

The problem most nonprofits have is that they are run by romantics who are great to hang out with, but they have no clue. — Mohnish Pabrai

You know, my degrees are in computer engineering. I spent a lot of time in the tech industry. And I like to say that I don't invest in tech because I spent time in it. And I saw firsthand that the durability of technology moats is many times an oxymoron. — Mohnish Pabrai

Industries with rapid change are the enemy of the investor. Tech businesses, particularly biotech, is a problem from that point of view. All industries work with change, but you should ideally be investing in businesses with a low rate of change, not a high rate of change. — Mohnish Pabrai

The good news in investing is there are no HR problems. If there are no humans, there are no problems! — Mohnish Pabrai

There is no such thing as a value trap. There are investing mistakes. — Mohnish Pabrai

Worship is the submission of all our nature to God. It is the quickening of conscience by His holiness; the nourishment of mind with His truth; the purifying of imagination by His Beauty; the opening of the heart to His love; the surrender of will to His purpose - and all of this gathered up in adoration, the most selfless emotion of which our nature is capable and therefore the chief remedy for that self-centeredness which is our original sin and the source of all actual sin. — William Temple

Warren Buffett has said many times that people either get value investing in five minutes or they won't get it in five years. So, there is something in the human brain, that for some of us, makes all the difference in the world right away and the patience it requires is part of the wiring process. — Mohnish Pabrai

I think a lot of people are getting more serious about how to do the most good, but there is no road map. I'm hoping I can offer an example. — Mohnish Pabrai

I have a hard time getting past the day without the nap, so the nap is a must. — Mohnish Pabrai

The banks of the Thirty-Foot held, but the swollen Wale, receiving the full force of the Upper Waters and the spring tide, gave at every point. Before the cars reached St. Paul, the flood was rising and pursuing them. Wimsey's car
the last to start
was submerged to the axles. They fled through the dusk, and behind and on their left, the great silver sheet of water spread and spread. — Dorothy L. Sayers

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. — Mohnish Pabrai

Of course, the world will be filled with gadgets, holograms that allow a virtual version of you to be somewhere else, and endless amounts of content, so there will be plenty of ways to procrastinate, too - but the point is that when you choose to — Eric Schmidt

Entrepreneurs are great at dealing with uncertainty and also very good at minimizing risk. That's the classic great entrepreneur. — Mohnish Pabrai

Basically if you study entrepreneurs, there is a misnomer: People think that entrepreneurs take risk, and they get rewarded because they take risk. In reality entrepreneurs do everything they can to minimize risk. They are not interested in taking risk. They want free lunches and they go after free lunches. — Mohnish Pabrai

Don't think of night as the absence of day; think of it as a kind of freedom. Turned away from our sun, we see the dawning of far flung galaxies. We are no longer sun blinded to the star coated universe we inhabit. — Diane Ackerman

Yes, sir, Hicks said. He was a small young man, very officious, who would never contradict a superior. If Morris claimed the clouds were made of cheese Hicks would just stand to attention, twitch his nose, and swear blind he could smell Cheddar. — Bernard Cornwell

The only way one should buy stocks is if you understand the underlying business. You stay within the circle of competence. You buy businesses you understand. — Mohnish Pabrai

I didn't really want to do another sequel. I go to those movies, and I just sort of enjoy them like a viewer. — Lawrence Kasdan

One of the things I love about theater, one of the reasons I'll never give it up, is that it's fifty percent the audience's responsibility. — William Petersen