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The Truth About Taking Risks
Methods of Prosperity newsletter no. 96: Mohnish Pabrai
“I am a better investor because I am a businessman and I am a better businessman because I am an investor.”
– Warren Buffett
Key Lessons:
• Heads you win, tails you don’t lose much.
• You can always go bankrupt.
• Money attracts more money.
• Generate your own luck.
• Have a safety net.
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