Unless U understand the reason as to why your system makes money, its difficult to distinguish btw temporary setbacks & pernament impariment
— Prashanth (@Prashanth_Krish) August 27, 2014
Day: August 27, 2014
Making students memorize the periodic table but teaching them almost nothing about basic finance is bad enough. But even at the college level, how finance and investing is taught is disconnected from how it actually works. Finance is taught overwhelmingly as a math-based field, in which students learn how to calculate beta by hand and dissect a balance sheet in their sleep. In the real world, finance is overwhelmingly a psychology-based field, where the best investors are those who control their emotions. This is rarely taught and never emphasized. And it’s why some of the world’s best investors have no formal finance training. Other fields, such as medicine and engineering, have done a much better job preparing students for the real world.-from Fool
A Rip Van Winkle Portfolio?
Can this be a Rip Van Winkle Moat portfolio for next 20 years?
HDFC Bank
ITC
Nestle
Dabur
Pidilite
Asian Paints
CRISIL
— D.Muthukrishnan (@DMUTHUK) August 27, 2014
Is it signalling a Euro crisis?