The good news in investing is there are no HR problems. If there are no humans, there are no problems!
Mohnish PabraiThe only way one should buy stocks is if you understand the underlying business. You stay within the circle of competence. You buy businesses you understand.
Mohnish PabraiPeople see poverty all around them in India, but they are desensitized or immune to it. I came to the conclusion that poverty is driven by lack of education.
Mohnish PabraiWarren Buffett has said many times that people either get value investing in five minutes or they won't get it in five years. So, there is something in the human brain, that for some of us, makes all the difference in the world right away and the patience it requires is part of the wiring process.
Mohnish Pabrai