If you want to earn high rates of returns, you must take on more risk. It is possible to keep risk to a minimum while still making a reasonable profit, thanks to the innovative value investing strategies of Benjamin Graham, Warren Buffet, and Charlie Munger. The Dhandho method shows how you can maximize rewards while avoiding risk.

Dhandho means endeavors that create wealth. The Dhandho capital allocation framework can be successfully applied and replicated by individual value investors in the stock market. The Patels, a small ethnic group from India, first arrived in the United States in the 1970s as refugees with little education or capital. They own over $40 billion in motel assets in the United States, pay over $725 million a year in taxes, and employ nearly a million people. How did a small group of people end up with so much wealth? Their approach to business is called Dhandho. The book will show you how to make high returns in the stock market.

The $100,000 invested in 1999 was worth over $659,000 by 2006 after all fees and expenses. Pabrai distills the methods of Buffett, Graham, and Munger into a user-friendly approach for individual investors. The Dhandho framework is an easy-to-use format that will help any investor significantly improve on their results and soundly beat the markets.

Each Dhandho concept is detailed in a straightforward, entertaining fashion, with individual chapters that explain why you should: Invest in Simple Businesses, Fixate on Arbitrage, Invest in the Copy Cats Rather than the Innovators, and other simple but proven concepts for low-risk.