• SEPTEMBER 29, 2014

Why pension funds are turning their back to hedge funds...

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

Charlie Munger's secret to success
In this article on Seekingalpha, the author has discussed about Charlie Munger's investment success. We hear a lot about buying undervalued stocks and selling the overvalued once. This article gives more color on these aspects and deals with some simple investment philosophies, which Charlie Munger considers to be the a secret recipe to success. Read on to know about them. (Seeking Alpha )

Investment lessons from an outstanding player
Derek Jeter has made a stellar career in baseball game. He is a great achiever, while the leagers can certainly learn from him; however there are some insightful lessons for investors too. An article on cnn.com discusses investment lessons that one can learn from Derek. Read on to know about them.. (CNN Money)

Why do fiscal policies fail?
In this insightful article, the author argues why Keynesian economics and its derivative - Fiscal policy are seriously flawed and ineffective, using interesting examples. Read on to know more.... (Seeking Alpha)

Why pension funds are turning their back to hedge funds...
Hedge funds have become notorious for their steep fees, having minted scores of billionaire managers and having spawned not a few criminals in what has turned into a gold rush of the 21st century. However, it seems that their biggest clients, the billion dollar pension funds are now turning their back to them. Why so? And what is in store for the hedge fund industry now? Read on to find out. (The New York Times Company)

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