Recently I met two big icons of value investing at Stanford- Mohnish Pabrai and Guy Spier. I had read Guy Spier’s phenomenal book –The Education Of A Value Investor“(thanks to my friend Saurabh Madaan who had gifted me a copy).
Saurabh also invited me to meet the icons at Stanford. Both of them are exceptional personalities but very different from each other. Guy is more reserved and gives contextual answers. Mohnish is extremely outgoing, can put you on the spot and gives black and white answers.
What can these guys teach you about life? Plenty is the answer. A lot of answers can be found in Guy’s book. Although, I have not completely read Mohnish’s book “The Dhandho Investor”, what I have read so far tells me that he has a compelling story to tell, starting with the Patel Motel Syndrome.
Since I have read “The Education of a Value Investor”, I urge every professional to read it to figure out what is important in work and life. You might be able to figure those out yourself but as we know, it’s better to learn from someone else’s burning experience than burning yourself. I will leave the gist of the book out so that you read the book instead of reading the gist 🙂