10 Rules of equity investing by Hugh Young

View a collection of Hugh Young’s insights into the world of investing that have been distilled into the ten succinct rules.

Number Title
#1 Treatment of minority shareholders
#2 Companies are about people not assets
#3 Balance sheet strength is critical
#4 Understand what you are buying
#5 Be wary of overambition
#6 Think long term
#7 Benchmarks are measuring devices not portfolio construction tools
#8 Take advantage of irrational behaviour
#9 Do your own research
#10 Focus on industries in which it is possible to have sustainable competitive advantage