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Full Version: The Little Book of Emerging Markets by Mark Mobius
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I have read the 1st round on Dr. Mark Mobius's book, titled "The little book of emerging markets"

I found the last chapter interesting, and would like to share with buddies

In his view, the few personal attributes that can make for good investment results. These include: [my comment in bold]

- discipline [well, no further comment]
- hard work [well, even guru still needs to work hard, we have no excuse not to ]
- humility [yes, always keep a freshie mindset]
- common sense [To end an analysis with a common sense test is always worth it]
- creativity [ well, don't limit yourself with ONLY growth stocks or dividend stocks, take a look on others, even distressed debt can earn you tons of money if done right ]
- independence [as we all know, do you own homework]
- flexibility [as Dr Mobius say, flexibility allows one to change as times change and as new opportunities present themselves ]

I will start the 2nd round... will update if any more interesting finding(s)...
The next to share the Dr. Mobius's view on important preparations and strategies of investor

"It is important to be a voracious reader"

"Always diversify your investments"

"Don't run from risk, without risk, i believe it is difficult for your portfolio to aim to achieve superior investment returns"

"Take a long term view"

"Make volatility your friend"
Without volatility of price movements, the market would have die long ago. Volatility is a friend or foe not only depends on your mental make-up, it is also depend on how long you can stay solvent. Because of volatility in the market, some people are not suitable for the market.