Mohnish Pabrai Quotes

Surplus wealth is a sacred trust which its possessor is bound to administer in his lifetime for the good of the community.

Of all follies there is none greater than wanting to make the world a better place.

I think that people who make a lot of money - and I do - should certainly give a considerable amount of it away.

To despise riches, may, indeed, be philosophic, but to dispense them worthily, must surely be more beneficial to mankind.

Moral principle is a looser bond than pecuniary interest.

In all the ages, three-fourths of the support of the great charities has been conscience money.

People are nicer than economists give us credit for. The economists cannot understand why people would work long and hard to clean up a community after a hurricane. … Most economists don’t have any interest in or understanding of psychology.

I think the discussion of, you know, can we put a cap on wealth creation and distribution - it's something that should be at the heart of every Christian that is a capitalist. Is, what is the purpose I'm doing with this wealth?

What is superfluous to your poor estate, distribute. This is distributive charity: a virtue so sacred that crimes against it are the forerunner of inevitable doom.

As a human, I feel extremely compelled to use my platform and my influence in whatever way for the benefit and not just for my sole benefit.

I don't think it really serves to make the world a better place, when you're only concerned about yourself.

Philanthropy is not about the money. It's about using whatever resources you have at your fingertips and applying them to improving the world.

God does not create poverty; we do, because we do not share.

I account the office of benefactor, or almoner, to which God appoints all those whom he has favored with wealth, one of the most honorable and delightful in the world. He never institutes a channel for the passage of His bounties that those bounties do not enrich and beautify.

True generosity is a duty as indispensably necessary as those imposed on us by law.

Our wealth is rewarded directly in proportion to the number of people with whom we are willing to share.

Giving is the vital impulse and moral center of capitalism.

Pure libertarianism believes that people will be generous and help each other. Well, they won't. I wish it were so, and I live that way.

Where there is plenty, charity is a duty, not a courtesy

charity is a calm, severe duty; it must be intellectual, to be advantageous. It is a strange mistake that it should ever be considered a merit; its fulfillment is only what we owe to each other, and is a debt never paid to its full extent.

Anyone who has property that exceed his needs, let him support someone whose property does not (meet his or her needs), and anyone whose food exceeds his needs, let him share it with someone who does not have food.

Few can be induced to labor exclusively for posterity - Posterity has done nothing for us

The part of the philanthropist is indeed a dangerous one; and the man who would do his neighbour good must first study how not to do him evil, and must begin by pulling the beam out of his own eye.

Many people despise wealth, but few know how to give it away.

Just because we cannot do everything for everyone does not mean we should do nothing for anyone.