Listen free for 30 days

  • The Dhandho Investor

  • The Low-Risk Value Method to High Returns
  • Written by: Mohnish Pabrai
  • Narrated by: Neil Shah
  • Length: 5 hrs and 4 mins
  • 4.8 out of 5 stars (210 ratings)

1 credit a month, good for any title to download and keep.
The Plus Catalogue—listen all you want to thousands of Audible Originals, podcasts, and audiobooks.
$14.95 a month plus applicable taxes after 30 day trial. Cancel anytime.
The Dhandho Investor cover art

The Dhandho Investor

Written by: Mohnish Pabrai
Narrated by: Neil Shah
Try for $0.00

$14.95 per month after 30 days. Cancel anytime.

Buy Now for $17.53

Buy Now for $17.53

Pay using card ending in
By confirming your purchase, you agree to Audible's Conditions of Use and Amazon's Privacy Notice. Tax where applicable.

Publisher's Summary

A comprehensive value-investing framework for the individual investor.

In a straightforward and accessible manner, The Dhandho Investor lays out the powerful framework of value investing. Written with the intelligent individual investor in mind, this comprehensive guide distills the Dhandho capital allocation framework of the business-savvy Patels from India and presents how they can be applied successfully to the stock market. The Dhandho method expands on the groundbreaking principles of value investing expounded by Benjamin Graham, Warren Buffett, and Charlie Munger.

Listeners will be introduced to important value investing concepts such as "Heads, I win! Tails, I don't lose that much!", "Few Bets, Big Bets, Infrequent Bets", Abhimanyu's dilemma, and a detailed treatise on using the Kelly Formula to invest in undervalued stocks.

Using a light, entertaining style, Pabrai lays out the Dhandho framework in an easy-to-use format. Any investor who adopts the framework is bound to improve on results and soundly beat the markets and most professionals.

©2007 Mohnish Pabrai (P)2019 Gildan Media

What listeners say about The Dhandho Investor

Average Customer Ratings
Overall
  • 5 out of 5 stars
  • 5 Stars
    173
  • 4 Stars
    27
  • 3 Stars
    8
  • 2 Stars
    0
  • 1 Stars
    2
Performance
  • 5 out of 5 stars
  • 5 Stars
    138
  • 4 Stars
    18
  • 3 Stars
    5
  • 2 Stars
    1
  • 1 Stars
    0
Story
  • 5 out of 5 stars
  • 5 Stars
    135
  • 4 Stars
    16
  • 3 Stars
    10
  • 2 Stars
    0
  • 1 Stars
    1

Reviews - Please select the tabs below to change the source of reviews.

Sort by:
Filter by:
  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Very good read!!!

Thank you so much for sharing this useful data ! Greatly appreciated. The final chapter close everything down so well.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

2 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

great lessons that are common sense

well narrated. easy to understand. motivational.
if you want to start it keep investing, listen to this one.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

1 person found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

This is a top investment book!

This book should go down as one of the great all time investment books every investor should start with.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Good Stories

I found some good Inspiration here. I love how the book uses examples of some real life people and their experiences.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    4 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    5 out of 5 stars

Timeless Investment Strategies and Stories

I really enjoyed the book, lots of great stories. Talks about how investors should think, and real-life stories to make you remember these principles. Easy to understand, it changes my mindset on the bet size and my perspective on risks and rewards. Definitely a good read.

One part I find hard to follow is the numbers and figures it uses to prove a principle. If you are reading a book, that's easier to follow. But listening to the audible makes it hard to memorize all the numbers and figures.

Just a heads up, that the Kelly formula mentioned is not updated. As Mohnish Pabrai himself said in his lectures. The Kelly formula is only for frequent betting, so it is not applicable to stock investments. He said it himself, he would take that out of the book if he is writing it again.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

FANTASTIC

I will definitely be going over this book again taking notes. So much valuable information. thank you Mohnish!

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Great stuff

Loved this. One of the best investment books I have read. Fun stories with enough specifics to be very helpful.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    5 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    5 out of 5 stars

Mohnish you’re a legend for this one!

This book is makes value investing EPIC! Mohnish incorporates philosophical and moral teachings that elevate the investing teachings in his “tome” to another level. A+. Let Mohnish be your mentor and take up this epic lesson on value investing.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    5 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    5 out of 5 stars

awesome book

its a awesome book to the newbies, and will help to reach your financial goals.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

Sort by:
Filter by:
  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars
Profile Image for Kerry Jones
  • Kerry Jones
  • 2019-09-27

One of the best investing books

I have read 10 investing books in the last year and this is in the top 2 with tons of straight forward advice in an easy to digest fashion. I think I have become a Pabrai fanboy

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

10 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars
Profile Image for Allen Amani
  • Allen Amani
  • 2019-11-14

I'll listen again and again

Fantastic book. The narrator is superb. Very entertaining. Most importantly, the information is GOLD. I'm using it now.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

5 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars
Profile Image for Anonymous User
  • Anonymous User
  • 2021-03-09

Loved this Book!

This book has completely shifted my mindset on not just investing, but on life. Be a giver, seek value, and create wealth to give. Choose companies & people to believe into, not the market. Thank you Mohnish Pabrai for such an amazing work, and Neil Shah for such a personable tone and enthusiastic way of telling the story. This is one of the books I will continue to visit and re-read (listen) to in the future!

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

3 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars
Profile Image for Sylvia
  • Sylvia
  • 2019-09-14

To the point!

Many similar books I’ve read will beat you over the head with endless examples. Not this one. Aside from repeating the Dhandho principal for recognition this book offers simple rules you can follow along with resources to help along the way.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

3 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars
Profile Image for Sateesh
  • Sateesh
  • 2020-03-01

Sincerely, please listen to this book

Written in 2006, holds value still, just like value investing!

Examples are plenty and case studies are practical.

Genuine advice from author.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

2 people found this helpful

  • Overall
    3 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    3 out of 5 stars
Profile Image for SurgeYo4
  • SurgeYo4
  • 2022-03-09

Decent, some outdated strategies, some good stuff

The stories are nice but, the strategy where they guy a hotel/motel for $5,000 is not possible today. There’s water a 20 room motel locally that sold for over 4 million. There’s no way a middle class man could afford the down payment today much less make enough to pay the mortgage every month.

I get that some stuff Is used an example to get the gears turning in your head but most of the strategies are hard to accomplish now a days. Most content in this books are more towards the rich.

The book did have some interesting content. It’s good enough to listen a second time and even buy the physical book.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

1 person found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars
Profile Image for Ruth
  • Ruth
  • 2021-04-11

This book is legit gangsta go real!

Made me pretty rich I must say. I must say it , so there. I said it

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

1 person found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars
Profile Image for Matthew
  • Matthew
  • 2021-03-14

Best Value Investing Book Out there

Great value investing book (print and audible versions) Highly recommend. No fluff to the point and tons of valuable pointers tips etc. follow his advice it’ll be hard to not beat the market. pabrais book combined with Phil Towns Rule #1 book have been life changing

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

1 person found this helpful

  • Overall
    4 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    4 out of 5 stars
Profile Image for David
  • David
  • 2021-02-04

good one for value investing lots of info worth it

must check out the websites and references made in later chapters value investing treasure trove

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

1 person found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars
Profile Image for RHislop25
  • RHislop25
  • 2020-12-24

Highly informative and accessible

Many investment books are dry and overly number heavy and this one strikes a perfect balance of having super practical information based upon actual case studies. Pabrai is a humble genius and a true craftsman in that he also managed to do a brilliant job with the prose as well with wonderful story telling that colors and contextualizes and confirms the entire modus operandi behind the Dhandho lens on business and investing and his own personal approach to it.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

1 person found this helpful