The Dhandho InvestorRecommendations
About the book
The Dhandho Investor lays forth the powerful foundation of value investing in a plain and approachable manner. Written with the astute individual investor in mind, this comprehensive guide distils the Dhandho capital allocation framework of India's business savvy Patels and shows how it can be successfully applied to the stock market. The Dhandho technique builds on the ground-breaking value investing ideas advanced by Benjamin Graham, Warren Buffett, and Charlie Munger.
Readers will be taught to key principles in value investing, such as "I win on heads! I don't lose that much in tails!," "Few Bets, Big Bets, Infrequent Bets," Abhimanyu's conundrum, and a comprehensive treatment of applying the Kelly Formula to invest in cheap stocks Pabrai lays out the Dhandho structure in an easy-to-use manner, using a light, fun language. Any investor who follows the guidelines is guaranteed to outperform the markets and most pros.
