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  • The Dhandho Investor

  • The Low-Risk Value Method to High Returns
  • Written by: Mohnish Pabrai
  • Narrated by: Neil Shah
  • Length: 5 hrs and 4 mins
  • 4.6 out of 5 stars (450 ratings)

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The Dhandho Investor

Written by: Mohnish Pabrai
Narrated by: Neil Shah
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Publisher's Summary

A comprehensive value-investing framework for the individual investor.

In a straightforward and accessible manner, The Dhandho Investor lays out the powerful framework of value investing. Written with the intelligent individual investor in mind, this comprehensive guide distills the Dhandho capital allocation framework of the business-savvy Patels from India and presents how they can be applied successfully to the stock market. The Dhandho method expands on the groundbreaking principles of value investing expounded by Benjamin Graham, Warren Buffett, and Charlie Munger.

Listeners will be introduced to important value investing concepts such as "Heads, I win! Tails, I don't lose that much!", "Few Bets, Big Bets, Infrequent Bets", Abhimanyu's dilemma, and a detailed treatise on using the Kelly Formula to invest in undervalued stocks.

Using a light, entertaining style, Pabrai lays out the Dhandho framework in an easy-to-use format. Any investor who adopts the framework is bound to improve on results and soundly beat the markets and most professionals.

©2007 Mohnish Pabrai (P)2019 Gildan Media

What listeners say about The Dhandho Investor

Average Customer Ratings
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good book

loved listening to mounish
he has great wisdom and passionate to spread knowledge to everyone

3 people found this helpful

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Interesting read

It is an interesting read and covers good case studies. However, would have liked it more if there was an implementation of the technique explained in detail in the last few chapters with an example. Here past examples were fitted in the concepts.
But had author showed how to identify an investment from the sources he mentioned in the last chapter, what were the next steps he followed, which ones he rejected (and why) , and which he selected (including the final returns on investment), it would have been most fulfilling!

Also, examples of investment failures should also be covered. Author didn't cover a single failed investment which he has made do far. Which makes slightly less realistic.

2 people found this helpful

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Good POV on investing

kellys formula and magical investing formula are takeaways. The POV of good bets, infrequent best, low risk bets and big bets is a good learning rather than diversification approach mandated by a lot.

2 people found this helpful

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outdated

this guy pics Microsoft over Google.... avoid.. Lacks insight and foresight...... the view is limited

1 person found this helpful

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Dhando = Paisa Vasool

It is a good read with many practical insights. I like the fact that the writer doesn't bother about being an innovator; simply learn/copy and apply to win.

1 person found this helpful

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learn the dhandho way !

this is an epic book to become a businessman.
This will make you think like a gujrati and marwari

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Good case studies & a short fun book

Loved it.
Wish it was longer .
Its more general than technical.
Its a fun listen for an otherwise long drive .

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Excellent book. Enjoyed.

Loved it. Lucid rendition. Treasure of investment knowledge. Recomend it to all who wants to be a investor

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Great insights about investing

This book covers key aspects on evaluating and making the right decision for your long-term investments.

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Overall good listen

More insight on value investing.
special recommendation to listen exit and index chapter. Play smart.

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  • Kerry Jones
  • 27-09-19

One of the best investing books

I have read 10 investing books in the last year and this is in the top 2 with tons of straight forward advice in an easy to digest fashion. I think I have become a Pabrai fanboy

10 people found this helpful

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  • Allen Amani
  • 14-11-19

I'll listen again and again

Fantastic book. The narrator is superb. Very entertaining. Most importantly, the information is GOLD. I'm using it now.

5 people found this helpful

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  • Anonymous User
  • 09-03-21

Loved this Book!

This book has completely shifted my mindset on not just investing, but on life. Be a giver, seek value, and create wealth to give. Choose companies & people to believe into, not the market. Thank you Mohnish Pabrai for such an amazing work, and Neil Shah for such a personable tone and enthusiastic way of telling the story. This is one of the books I will continue to visit and re-read (listen) to in the future!

3 people found this helpful

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  • Sylvia
  • 14-09-19

To the point!

Many similar books I’ve read will beat you over the head with endless examples. Not this one. Aside from repeating the Dhandho principal for recognition this book offers simple rules you can follow along with resources to help along the way.

3 people found this helpful

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  • Sateesh
  • 01-03-20

Sincerely, please listen to this book

Written in 2006, holds value still, just like value investing!

Examples are plenty and case studies are practical.

Genuine advice from author.

2 people found this helpful

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  • SurgeYo4
  • 09-03-22

Decent, some outdated strategies, some good stuff

The stories are nice but, the strategy where they guy a hotel/motel for $5,000 is not possible today. There’s water a 20 room motel locally that sold for over 4 million. There’s no way a middle class man could afford the down payment today much less make enough to pay the mortgage every month.

I get that some stuff Is used an example to get the gears turning in your head but most of the strategies are hard to accomplish now a days. Most content in this books are more towards the rich.

The book did have some interesting content. It’s good enough to listen a second time and even buy the physical book.

1 person found this helpful

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  • Ruth
  • 11-04-21

This book is legit gangsta go real!

Made me pretty rich I must say. I must say it , so there. I said it

1 person found this helpful

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  • Matthew
  • 14-03-21

Best Value Investing Book Out there

Great value investing book (print and audible versions) Highly recommend. No fluff to the point and tons of valuable pointers tips etc. follow his advice it’ll be hard to not beat the market. pabrais book combined with Phil Towns Rule #1 book have been life changing

1 person found this helpful

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  • David
  • 04-02-21

good one for value investing lots of info worth it

must check out the websites and references made in later chapters value investing treasure trove

1 person found this helpful

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  • RHislop25
  • 24-12-20

Highly informative and accessible

Many investment books are dry and overly number heavy and this one strikes a perfect balance of having super practical information based upon actual case studies. Pabrai is a humble genius and a true craftsman in that he also managed to do a brilliant job with the prose as well with wonderful story telling that colors and contextualizes and confirms the entire modus operandi behind the Dhandho lens on business and investing and his own personal approach to it.

1 person found this helpful

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  • tbrayford l.
  • 04-04-20

Very easy listen very good information

Listened to this from start to finish in a very short time - easy to absorb, well delivered fundamental information. I'm going to listen again with a pen and note pad in hand, strongly recommended

1 person found this helpful

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  • HrisH
  • 20-01-23

Clean and simple

Excellent book which takes you through the Dhandho investing method with examples from Mahabharata and contemporary times alike. Clear and easy to understand narration. The wealth of knowledge in this book will surely open new avenues for a lot of readers. A must read!

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  • Rams Deen
  • 28-11-22

Good book to understand Value Investors

I really enjoyed listening to the simple tips and techniques that needs to be looked in to while.investing..
Plus the useful reference links are definitely useful..
I'llisten in again to make more notes to implement in my trading strategy.

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  • Amazon Customer
  • 22-10-22

Become a giver

use the book to build wealth, then use it to give to those who need it. you can't keep it when you're gone.

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  • J. George
  • 04-03-22

excellent book

an entertaining and educational book on life and investing. highly recommend this book to any investing student

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  • brendan mc gorrey
  • 25-12-21

Inspirational

This is probably one of the most informative and financially inspiring books I’ve read ..A must for anyone interested in Value Investing !

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  • Daniel Constantin
  • 03-09-21

Exceptionally good book for value investing

Loved it, exactly what I needed to learn for my value investing profile. Simple but to the point.

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  • Matthew W.
  • 02-07-21

Just wonderful

One of all time favourite books on investing. Pabrai is a great human being! Recommend.

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  • Elisabethp
  • 12-06-21

very good read

excellent overall I would recommend reading or listening.
some of the content does needs updating.

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    4 out of 5 stars
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  • Ryan Winstanley
  • 28-04-21

Great listen

A Highly recommend, well spoken and interesting stories. A must for beginner investors. Very inspiring

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  • Anonymous User
  • 19-05-21

Great Value Investing Book

Great book on value investing. Good blend or storytelling and practical, actionable strategies. well worth it.

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  • mp
  • 25-03-21

Beautiful Book written on Investment

Super entertaining and classic wisdom package together. You won’t get bored by Reading this book. It keeps you exciting on each page of the book. I’d suggest everyone who is finance professional and specifically to people who’re from Gujarat.

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  • Abigail
  • 19-10-20

Must read

This book is on par with the intelligent investor and a must read for anyone looking to get into investing of any nature.

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  • prateek Regmi
  • 19-08-20

Great book for value investors

Memorable book will listen again to digest all
Highly recommended for value investors and those who are looking to start investing for first time

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  • Anonymous User
  • 12-10-19

Fantastic book on value investing.

Highly recommend. Learnt so much about value investing. Every chapter is useful and there isn't any "filler" just very good practical wisdom.