Sprint provided the entire back-end, including technology, billing, customer service infrastructure.
does not own or operate a cell phone network.
The dhandho investor by mohnish pabrai summary free#
If they cannot make the motel profitable with such low cost structure, no one can.
One particularly interesting thing was some information on Buffett’s position sizing thoughts from his 1966 partnership letter that I have not come across before.īTW, Dhandho means “endeavors that create wealth” and is pronounced dhun-doe. Where it is more interesting are real-world examples of value investing principles as applied to starting and running a business (in the first few chapters), and a chapter on selling, a difficult thing to get right in value investing.
In Dhandho Investor, Mohnish highlights the typical principles of value investing. Some people have pieced together information on chapters of Mosaic that are on the web (see here). He has another book on investing titled “Mosaic” but for some reason the book is pretty expensive. The Dhandho Investor is a book written by a famous value investor, Mohnish Pabrai.