The Law of Large Numbers: Mohnish Pabrai’s Warning for Investors

Johnny HopkinsLaw of Large Numbers, Mohnish PabraiLeave a Comment

Investing in large, well-established companies may seem like a safe bet. After all, these businesses have survived economic downturns, outcompeted rivals, and generated billions in annual cash flow. Yet, as Mohnish Pabrai astutely observes in Mosaic: Perspectives on Investing, investing in blue-chip giants can be a dangerous trap—one that too … Read More