Important ideas often echo. Pondering those of Nassim Taleb, the Dhando approach of the stunningly successful investor Mohnish Pabrai rings especially loud. Pabrai began his career as a technology professional but switched to investing after discovering Warren Buffett in 1994. Unlike most people, he has since got to meet and befriend his hero. Buffett hosts an annual charity lunch at New York’s Smith and Wollensky steak house. In 2007, the then largely unknown investors Guy Spier and Mohnish Pabrai famously paid over $650,000 each for the pleasure of dining with him. Considering it a bargain ever since, Spier and Pabrai…
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