Mohnish Pabrai Quotes


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.


Citations

Pabrai, Mohnish. The Dhandho Investor: The Low-Risk Value Method to High Returns. John Wiley & Sons, 2007.

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Actually learning psychology has demonstrated that learning can take place with success or failure, the learning is faster and more effective if the reinforcement is positive—not negative.


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  • Born: June 12, 1964
  • Nationality: Indian, American
  • Profession: Investor, Businessman Philanthropist

Mohnish Pabrai is an Indian-American businessman, investor, and philanthropist.