• OUTLOOK ARENA
  • APRIL 21, 2014

Has Warren Buffett's era come to an end?

Here is today's recommended reading list from Equitymaster...

Can you stress-test your retirement portfolio?
We generally associate stress test with the assessment of a heart during a physical activity. However, in daily life there are many situations or things which you may like to assess for stress in advance e.g. a car , a bridge or even a space rocket! The good news is that even our retirement portfolios can undergo a stress test! The test can really be helpful as it helps mitigate the stress points by determining in advance how much risk one is willing and able to take based on one's financial situation and investment objectives. The methodology for the test is discussed very succinctly in the following article. (Marketwatch)

Mistakes that companies should avoid
Managers often find themselves caught in a web of numerous strategies and performance objectives. This goal chasing web can often result in they overlooking few basic things which not only downgrade their own performance but could also prove to be fatal for the company. While' lack of leadership' and 'complacency' could be the major reasons for a company's downfall, there are few other factors avoiding which could adversely impact the growth of a business. A blog by the Corporate Executive Board Company (CEB) lists thirteen mistakes that companies shall avoid. Click on the link to learn more (Business Line)

Has Warren Buffett's era come to an end?
Compounding at 20% for 50 years is a tall task. In fact, it is unimaginable for modern day fund managers to mimic such a performance. However, an investing legend by the name of Warren Buffett has achieved this feat with ease. But as every beginning has an end, is Buffett's end near? This question is puzzling many as few of his mistakes have come to limelight off late. Read on to find out whether this investing ace is past his prime or still has that Midas touch. (The Motley Fool)

Is New Zealand really an economic safe-haven?
New Zealand's economy has been regarded as one of the world's top safe-haven economies in recent years. This is because it emerged triumphant and unharmed from the global financial crisis. However, a global economic analyst believes that New Zealand is currently facing conditions that are similar to those that originally led to the financial crisis. He lists out the key reasons for believing that the country's property bubble will burst soon and its sound economic growth might slow down sooner than later. Read on to know more. (Forbes)

How to identify an economic moat
Long term investors often wish to grab businesses that have not just performed well in the past but are also likely to continue the performance irrespective of the externalities or the competition around them. As such, identifying economic moat, a term coined and popularized by the legendary investor Mr. Warren Buffet, becomes very important to make a sound investment decision. In this article, the author shares different kinds of economic moats in a business and a simple check to see if it is sustainable. Read on for more details. (oldschoolvalue.com)

Copyright © Equitymaster Agora Research Private Limited. All rights reserved.
Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.

LEGAL DISCLAIMER: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA, Canada or the European Union countries, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.

SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.

Equitymaster Agora Research Private Limited (Research Analyst)
103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
Telephone: +91-22-61434055. Fax: +91-22-22028550. Email: info@equitymaster.com. Website: www.equitymaster.com. CIN:U74999MH2007PTC175407