In Gujarati, "business" or "endeavours that create wealth" is the literal translation of "dhandho street translation." Nonetheless, Mohnish Pabrai provides a more limited explanation of his low-risk, high-return business plan. He describes these kinds of bets as "Heads, I win; tails, I don't lose much." Dhandho is a very cautious and risk-averse investing philosophy. Its main goal is wealth preservation, which it then tries to do by finding stocks and companies where you can buy them below market value reviews for the book and reduce your losses while gaining a high likelihood of profit.
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There's more to The Unusual Billionaires than a collection of business triumphs. It's a master class on capital allocation, innovation, and leadership. For investors, business owners, or everyone else curious about how exceptional firms expand and maintain success, this is a must-read. Mukherjea provides you with the what, how, and why of these genuinely exceptional businesses. They stand out for their long-term plans, creative methods, and astute capital use. You should read The Unusual Billionaires if you want to understand the formula behind the most prosperous Indian businesses. These non