The distilled essence and wisdom acquired by spending thousands of hours over the years in reading, thinking and investing in the markets by Gautam has permeated into this conversation.ĭear reader, please grab a cup of coffee sit back and enjoy the conversation.

On similar lines, every time I go back and re-read this conversation, something new strikes me.

Italo Calvino famously quipped “A classic is a book that has never finished saying what it has to say”. When I reached out, Gautam was gracious enough to spare some time for a chat. He is a strong believer in the virtues of compounding and lifelong learning. Gautam is a CFA Charter holder from CFA Institute, an MBA in Finance from Nirma University, Ahmedabad, India and an MS in Finance from ICFAI University, Hyderabad, India. Prior to his current role, he served at the Mumbai, London and Hong Kong offices of Citigroup and Deutsche Bank as Senior Analyst in their healthcare investment banking teams. Gautam Baid, CFA, is Portfolio Manager at Summit Global Investments, a SEC-registered investment advisor based out of Salt Lake City, Utah, USA. Any investor who adopts the framework is bound to improve on results and soundly beat the markets and most professionals.A Single conversation with a wise man is worth a month’s study of books Chinese proverbĬontinuing with my investing chat series with smart minds, I had a deeply thought provoking conversation with Gautam Baid. Using a light, entertaining style, Pabrai lays out the Dhandho framework in an easy–to–use format. Readers 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. The Dhandho method expands on the groundbreaking principles of value investing expounded by Benjamin Graham, Warren Buffett, and Charlie Munger. 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. 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.

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