A Quote by Mohnish Pabrai

A subset of CEOs is that of entrepreneurs. And the classical definition of an entrepreneur is an individual who pursues opportunity without regard to the resources currently controlled. That sounds like a very different person than one might expect an analytical investment manager to be.
One might think of investment managers as astronomers and CEOs as astronauts. The two roles are radically different with distinct personality traits. Like astronomers, investment managers tend to be introverted, skeptical, and very analytical. CEOs, like astronauts, are the exact opposite, typically being extroverts, optimists, and, well, leaders.
It is impossible that the intention of the entrepreneur who has borrowed in order to increase investment can become effective (except in substitution for investment by other entrepreneurs which would have occurred otherwise) at a faster rate than the public decide to increase their savings
Good entrepreneurs can manage, but no one but an entrepreneur can entrepreneur, let alone help build and lead the world's community of leading social entrepreneurs and their top business entrepreneur allies.
I am far more a fan of aggressive entrepreneurs than I am of major CEOs. You look at major CEOs, and they are almost to a person quite timid. They don't act to defend the free market principles that are vital to growth.
I have traveled to a lot of places, and you look at another young person who lives under very different circumstances than you but has the same dreams or the same interests or might be better at what I do than what I do. But I was born in a different place, and she was born in a different place. Just for that alone, you're kind of inherently given opportunity. That's something that I'm very grateful for, but I'm also very aware of.
I was never a nightclub manager or a hostess. I want to make that very clear. I was an executive at my club. I was a director of VIP operations, that's much different than a manager, that's much different than a waitress, it's different than, you know, a host - I was like an executive-level position
Entrepreneurs are all a little crazy. There is a fine line between an entrepreneur and a crazy person. Crazy people see and feel things that others don't. An entrepreneur's dream is often a kind of madness, and it is almost as isolating. What differentiates the entrepreneur from the crazy person is that the former gets other people to believe in his vision.
I am convinced that all this poverty in Mexico and in Latin America, like it's happening in China is the opportunity to grow. It's an opportunity for investment; it's an economic activity and to take out poverty is the best investment any person or a person can do in any place.
It's thrilling to have the opportunity to work in different areas, whether it's on a project that has all the resources behind it like Harry Potter or James Bond and then to go somewhere there's very few resources.
Any material can be treated in any number of ways. Sometimes I might hear something, or someone else might hear something, and say, "Wow, that sounds like classical music." Somebody else might think it sounds like a slow jam.
I wish that people had an opportunity to watch me 24/7, like on 'Big Brother.' You'd see a person who is quiet and reserved and very analytical - a huge observer.
A different vision of ethics is that of a collection of resources people can use to act better. The resources might be firm rules that could always be relied on. Or they might be ideals that could often be followed without thinking but that sometimes conflicted with one another.
What we are doing is we are putting in significant training into the people we have currently to upgrade their skill resources, upgrade the presentation resources, and upgrade what we expect from them in terms of not business as usual.
Individualism is the self-affirmation of the individual self as individual self without regard to its participation in its world. As such it is the opposite of collectivism, the self affirmation of the self as part of a larger whole without regard to its character as an individual self.
Rich dad went on to explain that the world was filled with different types of entrepreneurs. There are entrepreneurs who are big and small, rich and poor, honest and crooked, for-profit and not-for-profit, saint and sinner, small town and international, and successes and failures. He said, "The word entrepreneur is a big word and it means different things to different people."
When I took the entrepreneurship class at Stanford, the first lecture was about an entrepreneur and his personality. They described it as being different than a businessman, who is an overall scientific manager.
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