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Mohnish Pabrai Quotes: The single biggest advantage a value investor has is not IQ. It's patience and waiting. Waiting for the right pitch, and waiting for many years for the right pitch.
         

The single biggest advantage a value investor has is not IQ. It's patience and waiting. Waiting for the right pitch, and waiting for many years for the right pitch.


Mohnish Pabrai
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The single biggest advantage a value investor has is not IQ. It's patience and waiting. Waiting for the right pitch, and waiting for many years for the right pitch.
         



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"Mohnish Pabrai Quotes." Quoteslyfe.com, 2024. Wed. 18 Dec. 2024. <https://www.quoteslyfe.com/quote/The-single-biggest-advantage-a-value-investor-294721>.





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Other quotes of Mohnish Pabrai


Mistakes are the best teachers. One does not learn from success. It is desirable to learn vicariously from other people's failures, but it gets much more firmly seared in when they are your own.

Mistakes are the best teachers. One does not learn from success. It is desirable to learn vicariously from other people's failures, but it gets much more firmly seared in when they are your own.



You don’t make money when you buy stocks. And you don’t make money when you sell stocks. You make money by waiting.

You don’t make money when you buy stocks. And you don’t make money when you sell stocks. You make money by waiting.



The only way one should buy stocks is if you understand the underlying business. You stay within the circle of competence. You buy businesses you understand.

The only way one should buy stocks is if you understand the underlying business. You stay within the circle of competence. You buy businesses you understand.



Heads I win, tails I don’t lose much.

Heads I win, tails I don’t lose much.



The good news in investing is there are no HR problems. If there are no humans, there are no problems!

The good news in investing is there are no HR problems. If there are no humans, there are no problems!



Entrepreneurs are great at dealing with uncertainty and also very good at minimizing risk. That's the classic great entrepreneur.

Entrepreneurs are great at dealing with uncertainty and also very good at minimizing risk. That's the classic great entrepreneur.



People see poverty all around them in India, but they are desensitized or immune to it. I came to the conclusion that poverty is driven by lack of education.

People see poverty all around them in India, but they are desensitized or immune to it. I came to the conclusion that poverty is driven by lack of education.



There is no such thing as a value trap. There are investing mistakes.

There is no such thing as a value trap. There are investing mistakes.



I have a hard time getting past the day without the nap, so the nap is a must.

I have a hard time getting past the day without the nap, so the nap is a must.



The problem most nonprofits have is that they are run by romantics who are great to hang out with, but they have no clue.

The problem most nonprofits have is that they are run by romantics who are great to hang out with, but they have no clue.





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Aim high to achieve excellence. Be determined to succeed. Use self-discipline to achieve golden excellence.

Aim high to achieve excellence. Be determined to succeed. Use self-discipline to achieve golden excellence.



You can't keep resisting my irresistibleness, Natara Stone. You'll give in eventually, and I won't quit until you do.

You can't keep resisting my irresistibleness, Natara Stone. You'll give in eventually, and I won't quit until you do.




Prescribing hard work for the soft, or easy work for the hardy, is generally nonsense. What is always needed in any aim is right effort, right time, right people, right materials.

Prescribing hard work for the soft, or easy work for the hardy, is generally nonsense. What is always needed in any aim is right effort, right time, right people, right materials.



Men hid behind religion to keep others from seeing how frightened they were, how inept.

Men hid behind religion to keep others from seeing how frightened they were, how inept.



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Capel said, "Remember that you're a woman." All too often I forgot that.



I don't need a church to tell me I'm wrong where I already know I'm wrong; I need a Church to tell me I'm wrong where I think I'm right

I don't need a church to tell me I'm wrong where I already know I'm wrong; I need a Church to tell me I'm wrong where I think I'm right



When you start to build self-worth and redeem your magnificence, the fears go away... you void your fears via your realization of your own self-worth.

When you start to build self-worth and redeem your magnificence, the fears go away... you void your fears via your realization of your own self-worth.



To explicate the uses of the Brain seems as difficult a task as to paint the Soul, of which it is commonly said, that it understands all things but itself.

To explicate the uses of the Brain seems as difficult a task as to paint the Soul, of which it is commonly said, that it understands all things but itself.



Changes don't happen in the world by playing it safe, taking risks is the way to change the world.

Changes don't happen in the world by playing it safe, taking risks is the way to change the world.




Quote Description


This page presents the quote "The single biggest advantage a value investor has is not IQ. It's patience and waiting. Waiting for the right pitch, and waiting for many years for the right pitch.". Author of this quote is Mohnish Pabrai. This quote is about waiting, single, value,.