Money and Finance
- Dhandho Holdings Makes Acquisition
Mohnish Pabrai's foray into the insurance business... Link to: Dhandho Holdings To Acquire Louisiana-Based Stonetrust Commercial Mutual Insurance Holding Company And Related Companies "Stonetrust is a wonderful business with an exceptional management...
- A Checklist For Investors - By Jason Zweig
Decades' worth of psychological studies show that people are extremely good at figuring out which information they need for a decision—but do a poor job of using that evidence methodically over time. You are likely to draw divergent conclusions...
- Mohnish Pabrai Interview Segments On The Motley Fool
Thanks to Will for passing these along. Links to: Checklist Investing: How to Avoid Errors and Learn From Mistakes The Number One Trait of a Successful Investor How Investors Should Think About the Economy The Untraditional Path of Becoming a Great Investor...
- A Disciple Of Warren Buffett's Finds His Own Way Of Giving Back
When Mohnish Pabrai was a child he was lucky enough to attend an elite private school in his hometown of Mumbai, India. For several years, he sat next to a classroom window that overlooked an immense slum that flooded during monsoons and blistered in...
- Looking Up To Warren Buffett
IT OFTEN SEEMS like every hedge-fund manager is reading from the same playbook about how to look, work and behave. Neatly pressed khakis; thumbs glued to a BlackBerry; slick digs in Greenwich or Manhattan staffed by number-crunching research drones. But...
Money and Finance
Turning Slumdogs Into Millionaires: One Hedge Fund Manager's Quest
Believe it or not, Wall Streeters and other investment professionals can be a generous bunch when it comes to charitable giving. Taking a lead from Warren Buffett, Wall Streeters give away billions annually.
Checkbook philanthropy has its limits, however, especially when it comes to its effectiveness in producing measurable return on investment—something the investing crowd demands in their professional life but ignores when they give to charity.
Mohnish Pabrai, founder of $500 million Pabrai Investment Funds, wasn’t having any of it.
“The problem most nonprofits have is that they are run by romantics who are great to hang out with, but they have no clue,’’ says Pabrai. “I wanted a strong dose of head in addition to heart and a focus on how to actually get some decent returns.” His own review of charities, he adds, found inefficient fundraising, high overhead and a lack of measurable results were the norm. “I wanted to make the greatest difference in the greatest number of lives in the most efficient manner possible.”
- Dhandho Holdings Makes Acquisition
Mohnish Pabrai's foray into the insurance business... Link to: Dhandho Holdings To Acquire Louisiana-Based Stonetrust Commercial Mutual Insurance Holding Company And Related Companies "Stonetrust is a wonderful business with an exceptional management...
- A Checklist For Investors - By Jason Zweig
Decades' worth of psychological studies show that people are extremely good at figuring out which information they need for a decision—but do a poor job of using that evidence methodically over time. You are likely to draw divergent conclusions...
- Mohnish Pabrai Interview Segments On The Motley Fool
Thanks to Will for passing these along. Links to: Checklist Investing: How to Avoid Errors and Learn From Mistakes The Number One Trait of a Successful Investor How Investors Should Think About the Economy The Untraditional Path of Becoming a Great Investor...
- A Disciple Of Warren Buffett's Finds His Own Way Of Giving Back
When Mohnish Pabrai was a child he was lucky enough to attend an elite private school in his hometown of Mumbai, India. For several years, he sat next to a classroom window that overlooked an immense slum that flooded during monsoons and blistered in...
- Looking Up To Warren Buffett
IT OFTEN SEEMS like every hedge-fund manager is reading from the same playbook about how to look, work and behave. Neatly pressed khakis; thumbs glued to a BlackBerry; slick digs in Greenwich or Manhattan staffed by number-crunching research drones. But...