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Sunday, January 4, 2009

when a blogger meets a dhandho guy

indians are good entrepreneurs , if u doubt look at the steel tycoon who rules the world ... only thing tht stops us from becoming entreprenuer is our sterotype . In our country we are never trained to be an entreprenuer , its always the risk free menatlity tht drives us .. i feel thts the basic difference between us and the israelis .. they dare into the unknown territory(not the gaza ) , into technology , research , medicine and have produced world class business leaders .. if u think in terms of indianess then doesnt jews and gujjus rhyme .. they are in sync .. good risk takers and the pioneer of dhandho investing .. the term dhando isnt an age old saying .. its valid even today and the great pros like warren buffett , sir richard branson and many others use it ..
the ideology of dhandho investing is contradictory to what the B schools teach .. since it propogates the idea of " low risk and high returns " which is possible , but the b schools wont believe so .
Its the classic saying of " head i win and tails i dont loose much " . dig a lil deeper and if u spot " the dhandho investor - by mohnish pabrai " on the strand . pick up and im sure .. u will smile at the marwari , next time u see him .

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