Mohnish Pabrai Quotes
Entrepreneurs are great at dealing with uncertainty and also very good at minimizing risk. That's the classic great entrepreneur.
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.
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.
There is no such thing as a value trap. There are investing mistakes.
The problem most nonprofits have is that they are run by romantics who are great to hang out with, but they have no clue.
Entrepreneurs are great at dealing with uncertainty and also very good at minimizing risk. That's the classic great entrepreneur.
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.
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.
There is no such thing as a value trap. There are investing mistakes.
The problem most nonprofits have is that they are run by romantics who are great to hang out with, but they have no clue.
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| Mohnish Pabrai |
