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    Summary of Mohnish Pabrai's The Dhandho Investor
    Summary of Mohnish Pabrai's The Dhandho Investor
    Summary of Mohnish Pabrai's The Dhandho Investor
    Ebook36 pages26 minutes

    Summary of Mohnish Pabrai's The Dhandho Investor

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    Please note: This is a companion version & not the original book.

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    #1 The Patels and the Ismailis have been a very entrepreneurial community for centuries, and they came to control a large proportion of the businesses in Uganda. They were expelled from Uganda in 1972, and 70,000 Gujaratis were stripped of virtually all their assets and thrown out of the country.

    #2 The first wave of Patel immigrants went into the motel business, because it was heavily dependent on discretionary spending. The recession, along with sky-high gas prices, led to huge drops in occupancy.

    #3 The typical Patel is a vegetarian and leads a very simple life. They are busy with the motel day and night, so they have little time for recreational activities. They live comfortably on well under $5,000 per year.

    #4 In the 1970s, the minimum wage is just $1. 60. The best Papa and Mama Patel can hope for is total annual earnings of about $6,000 per year if they both take up jobs and work full-time. If they buy a 20-room motel at a distressed price of $50,000 with about $5,000 in cash and the rest financed, the motel will generate about $50,000 in annual revenue.

    LanguageEnglish
    PublisherIRB Media
    Release dateMar 22, 2022
    ISBN9781669366621
    Summary of Mohnish Pabrai's The Dhandho Investor
    Author

    IRB Media

    With IRB books, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.

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      Book preview

      Summary of Mohnish Pabrai's The Dhandho Investor - IRB Media

      Insights on Mohnish Pabrai's The Dhandho Investor

      Contents

      Insights from Chapter 1

      Insights from Chapter 2

      Insights from Chapter 3

      Insights from Chapter 4

      Insights from Chapter 5

      Insights from Chapter 6

      Insights from Chapter 7

      Insights from Chapter 8

      Insights from Chapter 9

      Insights from Chapter 10

      Insights from Chapter 11

      Insights from Chapter 12

      Insights from Chapter 13

      Insights from Chapter 14

      Insights from Chapter 15

      Insights from Chapter 16

      Insights from Chapter 17

      Insights from Chapter 1

      #1

      The Patels and the Ismailis have been a very entrepreneurial community for centuries, and they came to control a large proportion of the businesses in Uganda. They were expelled from Uganda in 1972, and 70,000 Gujaratis were stripped of virtually all their assets and thrown out of the country.

      #2

      The first wave of Patel immigrants went into the motel business, because it was heavily dependent on discretionary spending. The recession, along with sky-high gas prices, led to huge drops in occupancy.

      #3

      The typical Patel is a vegetarian and leads a very simple life. They are busy with the motel day and night, so they have little time for recreational activities. They live comfortably on well under $5,000 per year.

      #4

      In the 1970s, the minimum wage is just $1. 60. The best Papa and Mama Patel can hope for is total annual earnings of about $6,000 per year if they both take up jobs and work full-time. If they buy a 20-room motel at a distressed

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