Wall Street sometimes gets confused between risk and uncertainty, and you can profit handsomely from that confusion. The low-risk, high-uncertainty [situation] gives us our most sought after coin-toss odds. Heads, I win; tails, I don’t lose much!
- Mohnish Pabrai
Showing posts with label Mohnish Pabrai. Show all posts
Showing posts with label Mohnish Pabrai. Show all posts
Wednesday, June 10, 2009
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