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4min chapter
TIP517: Mohnish Pabrai's Dhandho Investment Framework
We Study Billionaires - The Investor’s Podcast Network
Why the Stock Market Is Better Than the Pettels
The stock market allows anyone to own a publicly traded company and benefit from the cash that business creates. Monisha: It's better to copy what works than to create something new. The pettels didn't have this advantage of being able to buy and sell whenever they wanted to. When you purchase an entire business it takes a tremendous amount of energy and dedication in order to make it successful.
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