Pabrai points out across various examples is the “Low-risk high-return” approach. However, if we examine the low-risk, high-returnapproach to business taken by the Patels, Dhandho takes on a much narrower meaning. What is business if not an endeavour to create wealth? The street translation of Dhandho is simply “business”. Dhan-dho, literally translated, means “endeavors that create wealth”. Dhan comes from the Sanskrit root word Dhana meaning wealth. Abstractions in Functional programming – I have been learning functional programming for the past couple of months and there again I am seeing generic abstractions like Monoids, Monads and Applicatives which are used over and over again in various concrete applications.ĭhandho (pronounced dhun-doe) is a Gujrati word.Each design pattern is applied over and over again to several concrete examples. Abstractions in Object Oriented Design patterns – Design Patterns: Elements of Reusable Object-Oriented Software is one of the best books that I have read in software engineering where it discusses about recurring solutions to common problems in software design.I am a software engineer by profession and, I have encountered a few powerful abstractions like: Several related concrete examples and use cases can be unified under a generic abstraction. I have always been fascinated by the power of “ Abstraction“. Mohnish Pabrai.Ībstraction in its main sense is a conceptual process by which general rules and concepts are derived from the usage and classification of specific examples, literal (“real” or “concrete”) signifiers, first principles, or other methods. In this blog post, I will share my learnings from the book “The Dhandho Investor” written by famous value investor Mr.
0 kommentar(er)
