KeenBrain
KeenBrain
KeenBrain

Mohnish Pabrai Quotes


Share this page on

Quotes by Mohnish Pabrai

Showing 21-30 of 33 Quotes by Mohnish Pabrai

One of the first things I tell people is, if you want to learn about investing, you want to open an account and make real investments because that's when it becomes real.

~Mohnish Pabrai

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


I used to not talk much to anyone about my investments.

~Mohnish Pabrai

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


It is the performance of the business that matters. It is hard enough to figure out the future of the business. Do not try to figure out the future of the country or the world; focus on the business.

~Mohnish Pabrai

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


We have to do what I would call anomalies: we have to look for strange things that show up once in a while. They don't show up all the time. We have to be scanning the horizon, and doing that, once in a while something will show up that makes a lot of sense, and then you act on it.

~Mohnish Pabrai

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


The good thing about getting wealthy is we don't need to understand a lot of things!

~Mohnish Pabrai

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


What is John Arriaga's circle of competence? Is it real estate? No! Is it U.S. real estate? No! Is it California real estate? No! Northern California real estate? No! Only real estate around Stanford. His circle of competence is this small.

~Mohnish Pabrai

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


One might think of investment managers as astronomers and CEOs as astronauts. The two roles are radically different with distinct personality traits. Like astronomers, investment managers tend to be introverted, skeptical, and very analytical. CEOs, like astronauts, are the exact opposite, typically being extroverts, optimists, and, well, leaders.

~Mohnish Pabrai

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


A subset of CEOs is that of entrepreneurs. And the classical definition of an entrepreneur is an individual who pursues opportunity without regard to the resources currently controlled. That sounds like a very different person than one might expect an analytical investment manager to be.

~Mohnish Pabrai

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


The essence of a good investment manager is one who studies a given business and extrapolates the future cash flows that the business is likely to generate over the next several years. Based on the cash flow and asset assessment, they can then arrive at their expected rate of return if they bought a fraction of that business at a given price.

~Mohnish Pabrai

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


When I ran a small IT services business in the 1990s, it had strong recurring revenues - yet I couldn't accurately forecast cash flow for even the next few quarters. Small changes in the customer base or losing/hiring a few key employees could create massive swings in cash flow.

~Mohnish Pabrai

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


Biography

Nationality: Indian

Type: Businessman

Born: June 12th, 1964

Links

Find Mohnish Pabrai on Amazon

Related Authors

Bhavish Aggarwal
Anil Ambani
Mukesh Ambani
Raghav Bahl
T. S. Kalyanaraman
Vijay Mallya
Azim Premji
Kallam Anji Reddy
Dilip Shanghvi
Shivinder Mohan Singh

Popular Authors

Francis Of Assisi Bo Burnham Wayne Dyer Alexander Hamilton Marilyn Monroe John Steinbeck Booker T. Washington Denzel Washington

Change your beliefs...change your life.

Get a related quote or insight every day.

(it's 100% free)

Follow Us On

Today's Birthdays

1878 - Joseph Stalin

1835 - Lyman Abbott

1852 - George H. White

1859 - Francis Thompson

1870 - Hector Hugh Munro

1886 - Ty Cobb

1888 - Robert Moses

1890 - Edwin Armstrong

1904 - George Stevens

1907 - Christopher Fry

Birthdays on December 18th
All Birthdays

Popular Topics

Architecture Business Courage Design Dreams Environmental Father's Day Fitness