• JUNE 4, 2013

10 secret words to sound investment

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

10 secret words to sound investment
Can you put forth your investment philosophy in just 10 words? That's precisely what this article talks about. The author quite deftly takes you through the investment philosophy put forth in mere 10 words (or less) by renowned financial thinkers and investment philosophers. These anecdotes incidentally are indispensable keystones to sound investments that hold true in all times and situations. And guess what? For the legendary investment philosopher Benjamin Graham it took mere three words to summarize the secret to sound investment: Margin of Safety. Very much in-line with the illustrious thought put forth by great historic figure Abraham Lincoln - This too shall pass away. Read on to know the secrets to sound investment in the words of eminent investors of all times... (Dow Jones & Company)

Why you never learn from your investment mistakes?
We humans consider ourselves superior to all the other living organisms in the world simply because we have the ability to think. But this very attribute also has the tendency to get us into trouble across all walks of life. And finance is certainly one of them. Read on to find out one of the foremost errors we as rational, thinking beings tend to make when we invest... (The Motley Fool)

Where is all Yen going?
Weak, weaker, weakest-this is simply the best way to describe the performance of the Japanese yen. The Japanese currency has been declining for a while now. This is due to the monetary easing undertaken by the Bank of Japan to stimulate the economy. So where exactly is all this yen flowing into? Read on to find out... (The Financialist)

Does flawed corporate governance suit shareholders?
It's worth remembering that there are plenty of examples of blow-ups at companies due to failed corporate governance. Enron Corp and WorldCom Inc. are some which come to mind. But here is one case where flawed corporate governance is suiting shareholders just fine. Read on to find out. (The New York Times Company )

Winners and losers from China's changing economy
It is not enough for global businesses to know that in coming years China's economy will move away from an overreliance on investment and toward more consumption. They also must know that the potential costs and benefits of rebalancing the world's second-largest economy are high and will affect industries not only domestically but also around the world. Read on to find out who will win and who will lose in China's changing economy... (MarketWatch)

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