Value Investing, Great Compounders, and Lessons from Buffett and Munger on January 5, 2022
Chai with Pabrai
00:00
The Dhandu Approach to Value Investing
This chapter explores the 'Dhandu approach' to entrepreneurship through the lens of the Patel family's motel business, emphasizing risk mitigation and return maximization. The speakers discuss their investment strategies, distinguishing between great compounders and growth stocks while highlighting the rarity of businesses with durable competitive advantages. They share insights on valuing investments, learning from past mistakes, and recognizing the importance of strong, stable companies for long-term success.
Transcript
Play full episode
