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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
4.7 out of 5 stars (149 ratings)

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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

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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

1 person 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.

1 person found this helpful

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Excellent investment book

A very simple and easy telling of an investment concept. The story telling was very soothing.

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Must listen for anyone wanting to learn investing

Great examples and tips. Would recommend to anyone interested in value investing to take a listen.

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Very Good Book on Right way to invest

I like the example shared in book. It gave opportunity to understand right way to invest and multiply your wealth.

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Heads I Win, Tales- I not lose much

Interesting storyline to present " The Dhandho framework". The caption sums it all. Lot of case studies to present the case. How Time Value, Patience, and the groundwork keeps you going.

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must buy for value investor

mohnish is exceptional in his perspective, tons to be learned for a beginner like me

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Great informative book to investing

The book starts with few examples of peoples with value investing and goes on to give techniques and some sources of information to help anyone with investing. An overall great experience.

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Must read on value investing

practical techniques of value investing. I recommend it to everybody who is into value investing.

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a great read

loved it, will recommend every investor who is starting. concepys have been simplified for every one

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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.

3 people found this helpful

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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

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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  • 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.

1 person found this helpful

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  • Cristian T.
  • 08-10-20

Great book

Would recommend for any value investor. Value investing is the way to go and this book explains why that is.

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  • Wilhelm Amstutz
  • 23-09-20

Historic Examples and lifestyle changes

I’m one year and change into investing, a rookie at best. This book has helped me laser focus on some very simple but mandatory principles, excellent resources, real life examples...and perhaps most importantly in the last chapter, how it applies to life as a whole. Fully recommended to new and seasoned investors - this is one I’ll surely listen to again and likely purchase the tangible copy.

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  • Anonymous User
  • 06-09-20

Clear direct message on valued invesment

Clear content & still applicable to current situation Narrated perfectly Good invesment point of view Deffintely recommended to valued investors

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  • Anonymous User
  • 06-07-20

AnInvestment Book That Makes You Rich in Many Ways

An amazing book that not only teaches about the creation of wealth but also the creation of Character, Respect, valuable philosophical lessons and life goals that might make the world a better place.

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  • Bahez
  • 30-05-20

This book is more for gamblers than investors.

This book intentionally or unintentionally encourages gambling. The author sees starting businesses, buying businesses, and stocks the same and equal to bets in a casino. Studied, understood, and calculated risk is not the same as pushing a button in a casino where no brain power is required and odds are against you. Is there risk in driving a car? Yes. Is it the same as Options? I don't think so. This will not be a book I will recommend my son to read.

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  • Amazon Customer
  • 07-05-20

Highly Recommended

This was an amazing book with so many lessons in it. yes get it now.

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  • Martin
  • 16-09-20

Extremely informative and entertaining

Simply outlines the idea of the book from the start and continues on that path

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  • Anonymous User
  • 27-08-20

Fantastic 👏 👏

As soon as I finished I ordered the hard copy. I want to see this on my book shelf everyday so I dont forget the lessons learned.

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  • Mr. H.
  • 07-08-20

A good concept to investing

This book helps bring together successful strategies from other value investors such as buffet and greenblat and turns into his own. this is the authors philosophy use what works don't try to reinvent the weak and minimise your risk. nevertheless this requires great skill and most investors will struggle to achieve this.

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  • Anonymous User
  • 25-06-20

Expected more from Monish Pabrai.

Not much valuable information Expected more from Monish Pabrai after reading the reviews. I am disappointed

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  • Jas Singh
  • 17-06-20

Ever wonder how Patel's went from 0 - 20 billion

Been a long time follower of Mohnish and was just delighted to hear this book finally came to audible, it got me out of my reading slump.

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  • B. Mereda
  • 10-05-20

Very helpful

Wil probably buy the printed book. Explains some practical approaches in a clear way. The magic Formula and others. Explains the importance of doing your research, Good for me..

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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

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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.