High stakes and higher returns with the Dhandho approach

Comment: Mohnish Pabrai’s book, heavily influenced by Warren Buffett, gets to the heart of the fiendishly simple concept of compound interest

1st May, 2016

A lbert Einstein is widely credited with the quip that “compound interest is the eighth wonder of the world; he who understands it gets it, he who doesn’t pays it”.

Whatever its origin, this pithy insight is at the heart of long-term investment success. Building portfolios which deliberately seek exposure to great potential upside with little downside is the surest avenue to this success – an approach captured wonderfully in the...

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