Mohnish Pabrai

Mohnish Pabrai is an Indian‑American investor, entrepreneur, philanthropist, and author, born on June 12, 1964 in Mumbai (Bombay), India. After moving to the U.S., he earned a degree in computer engineering and worked in high‑speed data networking before launching his IT consulting firm, TransTech, Inc., in 1991. In 1999 he founded Pabrai Investment Funds, a value‑focused investment firm inspired by Buffett Partnership principles, which has delivered returns far surpassing the S&P 500 since inception. He and his wife also cofounded the Dakshana Foundation, which donates a significant portion of their wealth to help underprivileged students in India receive elite education Investopedia+15+15QuoteFancy+15.

As an author, Pabrai has written influential books on value investing—most notably The Dhandho Investor: The Low‑Risk Value Method to High Returns and Mosaic: Perspectives on Investing. His work champions a disciplined strategy of buying discounted, well‑understood businesses and exercising patience rather than chasing hype. He frequently emphasizes learning from errors, sticking within one’s “circle of competence,” and leveraging opportunities where upside vastly exceeds downside Analyzing Alpha+8+8+8.

Among Mohnish Pabrai’s most memorable quotes are:

“You don’t make money when you buy stocks. And you don’t make money when you sell stocks. You make money by waiting.” Highlights his belief in patience over timing Investopedia+15Internet Pillar+15Tiny Taikun+15.

“Mistakes are the best teachers. One does not learn from success. … it gets much more firmly seared in when they are your own.” Underscores the power of learning from failure BrainyQuote+7Internet Pillar+7Gracious Quotes+7.

“Heads I win, tails I don’t lose much.” Illustrates his “low‑risk, high‑uncertainty” Dhandho approach Tiny Taikun+13Internet Pillar+13A-Z Quotes+13.

These quotes reflect Pabrai’s philosophy that real success in investing—and in life—comes from discipline, humility, and strategic risk management.