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Re: The Dhandho Investor - Mohnish Pabrai
Joshuat,
Congratulations! Its good to make money!
I bought MRGE as my 2nd stock ever bought. It was a distressed stock and I lost just under $2K on it. I don't want that to happen again. Reading Charlie Munger's book, his method of investing is to do everything possible to make sure you're not gambling with your money and that the stock will be a home run. How do you know DFC would go up rather than down if the company does not have a history of making money and being profitable?
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