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The Economic Times
The Economic Times
Anupam Nagar

Quote of the day by Mohnish Pabrai: "Investing is not a discipline based on absolutes or precise mathematics. There simply aren’t enough data points available to work out the exact odds"

Renowned investor Mohnish Pabrai highlights that investing is not a game of exact calculations or guaranteed outcomes. According to Pabrai, successful investing requires a combination of judgment, patience and the ability to make decisions despite uncertainty.

"Investing is not a discipline based on absolutes or precise mathematics. There simply aren’t enough data points available to work out the exact odds," Pabrai said.

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