Great investing is all about a really, really good high rate of return with a low risk. Warren Buffett puts it like this: There's two rules of investing that you have to follow. Rule number one is don't lose money. And rule number two is don't forget rule number one. The idea that you could invest without ever losing any money, of course, is a fiction.
Phil and Danielle discuss Mohnish Pabrai's book "The Dhandho Investor" and how a person can invest even if they don't have a lot of money to start with. For show notes and more information visit www.ruleonepodcast.com
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