[image: PPFAS] <http://www.ppfas.com/> *23rd March 2009* *Inside this report...* When (Not) to Trust Yourself<http://mail.google.com/mail/?ui=1&ik=8d3b7c8fc0&view=cv&search=inbox&th=12031ceb851582de&ww=1003&cvap=0&qt=&zx=cva15ay0c41e#12031ceb851582de_12031bb93619f423_pv> Asset Allocation<http://mail.google.com/mail/?ui=1&ik=8d3b7c8fc0&view=cv&search=inbox&th=12031ceb851582de&ww=1003&cvap=0&qt=&zx=cva15ay0c41e#12031ceb851582de_12031bb93619f423_asset>
Oracle Financial Services Software Limited: Initiating Coverage<http://mail.google.com/mail/?ui=1&ik=8d3b7c8fc0&view=cv&search=inbox&th=12031ceb851582de&ww=1003&cvap=0&qt=&zx=cva15ay0c41e#12031ceb851582de_12031bb93619f423_oracle> *When (Not) to Trust Yourself* Contributor: Arpit Ranka | [email protected] To be Skillful is to be able to accomplish a given task, directed towards seeking an intended result, with comfort and in the least possible time. However, an another important aspect of being skillful at something, and importantly to retain the skill with the changing times, is the ability to understand when not to trust your own skills and make necessary changes as we move along. As an investor, discovering an investment philosophy that suits our temperament and which is sound enough to beat the indices, when appropriately implemented, is akin to acquiring a professional skill. One of the major impediments in mastering that skill is learning to deal with the conflicting thoughts arising out of occasional disconnect between our investment philosophy and negative outcomes from individual investment operations. And how we deal with such disconnects, over the long run, should determine if we manage to develop and retain the skill. more...<http://www.ppfas.com/research/ereports/week/230309/index.php#pv> *Asset Allocation* Ashish Shah | [email protected] The five-year Bull Run from 2003 to 2008 had made concepts like debt, cash, asset allocation and financial planning quite unfashionable. The only investment destination one could think of was equity, thanks to the soaring stocks markets. The steep fall in equity market since January 2008 has left many equity investors licking wounds, leaving virtually no place to hide. Bull market or bear market, there is never a time to abandon asset allocation. Times have changed and so has the thinking. It is essential to recognize the power of asset allocation all times, including tough times. Investors are now giving more relevance to asset allocation and planning of investments keeping in mind the long-term financial goals. Asset allocation refers to the process of allocating your investments between different asset classes. Asset allocation means diversifying your money among different types of investment categories, such as stocks, bonds, gold, property and cash. The goal is to help reduce risk and optimize returns. The goal of asset allocation is to create an optimum mix of asset classes that have the potential to appreciate while meeting your risk tolerance level and financial goals. more...<http://www.ppfas.com/research/ereports/week/230309/index.php#asset> *Oracle Financial Services Software Limited: Initiating Coverage* Raunak Onkar| [email protected] *A View Askew* The concept of an Oracle at Delphi, a Greek town, was instigated in the 8th century BC. The Oracle was the fortune teller, suggesting victory or plunder to kings & contemporary rulers. A Pythia was the priestess who presided over the Oracle representing the words of Apollo himself, a Greek God. This Pythia was chosen from amongst the many women or even girls proven to be of a good character, often from an aristocratic family, & mostly educated. After being chosen as a Pythia her entire life would be spent in service of the temple of Apollo. All her efforts were then channelled for this social cause of reiterating God's wisdom to the commoners. In the midst of all this, the Pythia gained world-wide fame as being one of the chosen one's, yet her true potential as a woman was often undermined by the common people. more...<http://www.ppfas.com/research/ereports/week/230309/index.php#oracle> Click here to view full report<http://www.ppfas.com/research/ereports/week/230309/index.php>| Download PDF <http://www.ppfas.com/pdf-docs/research/week-reports/2009/wr230309.pdf>| Download PPFAS Screensaver <http://www.ppfas.com/whats-new/index.php> If you have a query please email us at [email protected]. We would be glad to answer any queries with regard to this report. If for any reason you want to come out of our mailing list, click unsubscribe <[email protected]?subject=unsubscribe>. *Parag Parikh Financial Advisory Services Limited* 130/132, Great Western Building, 1st Floor, S.B.S. Marg, Near Lion Gate, Fort, Mumbai - 400 001 INDIA. Tel : 91 22 2284 6555 Fax : 91 22 2284 6553 -- Regards, Anuj Anandwala Analyst I Investment Research Parag Parikh Financial Advisory Services Ltd. Tel: 022 2284 6555 URL: www.ppfas.com --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en -~----------~----~----~----~------~----~------~--~---
