I just got my fold card. Should I even activate it? Maybe wait for the cc?

I met Mohnish Pabrai back in 2018

If you’re in investing, you know how legendary his Dhandho framework is. Here are 3 key lessons that stood out to me:

📌 “Heads, I win; tails, I don’t lose much.”
👉 The best investments have limited downside but massive upside. Always seek asymmetric bets.

📌 Invest in simple, understood businesses.
👉 Complexity kills. The best opportunities are in businesses with clear models, strong moats, and predictable cash flows.

📌 Be patient and bet big on high-conviction plays.
👉 Diversification has its place, but when you find an undervalued gem, go big and wait. The market will catch up.

Mohnish’s insights reinforce why disciplined, rational investing wins over time. 💡

What’s your favorite investing principle? Let’s discuss! 👇

Finally made it on Primal 😎

I think I got this alby lightning payment figured out. Anyone care to send me some sats? 😎