Название: Of Long term value and wealth creation
Автор: Bharat Shah
Издательство: ASK Group
Год: 2013
Формат: pdf
Страниц: 244
Для сайта: vtome.ru
Размер: 30,75 МБ
Язык: english

Quest for value and wealth creation, through investing, is an eternal one. This search, unlike Physics, is not entirely intuitive or contemplative. Pure Physics (or theoretical one), unlike applied Physics, is very abstract and conceptual. Empirical evidence, usually, comes much later. Take, for example, Higgs Boson or Theory of Relativity. Theory was formulated, in each case, much before it was possible to validate the theory with an observation or an experiment. Fortunately, good investing does not call for such high skills. Also, a body of recorded evidence and a set of observations help in formulating many investment principles unlike the other way round. Some level of intuitive skills is also called for in investing which makes it a blend of art and science.
In the enclosed study, covering a period of a decade, an attempt has been made to cull out some investment principles. They have been sought to be affirmed from the observed data in the Indian context. The investment principles have always existed for quite some time. The study has largely focused on validation of the same. It has benefited from all the prior good work.