CFA SINGAPORE INSIGHTS

Reap gains from dialogue and engagement for long-haul investing

It is useful to talk to the non-executive directors of target companies to get a handle on areas such as their boards and business strategies

Investors should try to understand the long-term sustainability of the company. A poorly executed succession can erase far more wealth than changes in the quarterly profit margin.

INVESTING is hard work, made harder by the quantity (but not always quality) of information available. Investors are exposed to countless commentaries and views from experts and talking heads, more often than not with strong conviction one way or the other.

One skill of the long-term