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Ako investovať do akcií, dlhopisov, fondov, ETF, nehnuteľností, komodít či krypto mien.
mohla by to byt dalsia valueinvesting klasika...The Dhandho method expands on the groundbreaking principles of value investing expounded by Benjamin Graham, Warren Buffett, and Charlie Munger.
Mohnish Pabrai, a popular speaker at the Value Investing Congress and portfolio manager of Pabrai Investment Funds, reminds me of a young Warren Buffett. He’s delivered roughly 30% annualized returns to his investors since launching his partnership in 1999, similar to the return Buffett earned for his partners in the early years of his career.
Pabrai delivered a great presentation about the dilemmas that often face value investors. I’ve just read his great book, The Dhandho Investor: The Low-Risk Value Method to High Returns. I want to share my thoughts and a few quotes. Value Investing Congress attendees received a copy of Pabrai’s book at registration. It’s still available on Amazon, but perhaps not for very long. Pabrai’s last book, Mosaic, which I received at last year’s Congress, must be out of print. It was selling for $475 on Amazon. I recommend Pabrai’s books for anyone who wants to learn how the world’s top value investors think about risk.
Literally translated, “Dhandho” means “endeavors that create wealth.” Pabrai tells interesting stories about entrepreneurs that built empires following the time-tested principles of hard work and frugal living. But what makes Dhandho investors unique is their intelligent use of outside capital to invest in ventures where risk and reward can be boiled down to the phrase “Heads, I win; tails, I don’t lose much.”
The world is a very uncertain place and this uncertainty can ruin the best-laid plans of brilliant entrepreneurs. Dhandho investors realize this and seek to minimize the size of the losses they can potentially suffer. The best way to minimize the size of losses in the stock market is to minimize the price you’re willing to pay for shares in a business.
, takze sa to dalo a dalej to bolo zaujimavejsie, aj ked nejake velke revolucne myslienky som tam teda nenasiel. 100x je tam napisane "heads, i win; tails, i don’t lose much", scim plne suhlasim ale to su uplne zakladne veci.