#59 - The Dhandho Framework By Mohnish Pabrai

<p><strong>Episode Details:&nbsp;</strong></p> <p>Article - Lessons On Investing (And Life) From Mohnish Pabrai - <a href="https://tapandesai.com/lessons-from-mohnish-pabrai/"><u>https://tapandesai.com/lessons-from-mohnish-pabrai/</u></a></p> <p><a href="https://www.amazon.com/Dhandho-Investor-Low-Risk-Method-Returns-ebook/dp/B008L042Q4/ref=sr_1_1?dchild=1&amp;keywords=dhando&amp;qid=1628618144&amp;sr=8-1"><u>The Dhandho Framework by Mohnish Pabrai</u></a></p> <p><a href="https://www.amazon.com/Richer-Wiser-Happier-Greatest-Investors-ebook/dp/B08FXTLBH2/ref=sr_1_3?crid=2E0R8GX1C01F0&amp;dchild=1&amp;keywords=richer+wiser+happier&amp;qid=1628799502&amp;s=books&amp;sprefix=richer+%2Caps%2C266&amp;sr=1-3"><u>Richer, Wiser, Happier by William Green</u></a></p> <p>The Dhandho Framework:</p> <ul> <li><a href="https://tapandesai.com/lessons-from-mohnish-pabrai/#focus-on-buying-an-existing-business">Focus on buying an existing business</a></li> <li><a href="https://tapandesai.com/lessons-from-mohnish-pabrai/#buy-simple-businesses-in-industries-with-an-ultra-slow-rate-of-change">Buy simple businesses in industries with an ultra-slow rate of change</a></li> <li><a href="https://tapandesai.com/lessons-from-mohnish-pabrai/#buy-distressed-businesses-in-distressed-industries">Buy distressed businesses in distressed industries</a></li> <li><a href="https://tapandesai.com/lessons-from-mohnish-pabrai/#buy-businesses-with-a-durable-competitive-advantage-the-moat">Buy businesses with a durable competitive advantage – The Moat</a></li> <li><a href="https://tapandesai.com/lessons-from-mohnish-pabrai/#bet-heavily-when-the-odds-are-overwhelmingly-in-your-favor">Bet heavily when the odds are overwhelmingly in your favor</a></li> <li><a href="https://tapandesai.com/lessons-from-mohnish-pabrai/#focus-on-arbitrage">Focus on arbitrage</a></li> <li><a href="https://tapandesai.com/lessons-from-mohnish-pabrai/#buy-businesses-at-big-discounts-to-their-underlying-intrinsic-value">Buy businesses at big discounts to their underlying in