I have never come across any financial book that suggests its readers to read this “material”. It’s hardly mentioned or totally absent from most personal finance websites. My blog is barely a personal finance blog, it’s a bit of everything about my experience and observation.
I like to share some of my thoughts on money & investment. With some observations, I think I should highlight this to my readers. In most, in fact all personal finance books mention money management – which is a common topic for financial education. But nothing about this “material” is mentioned.
To learn how to pick stocks like Warren Buffett is not really that important.
Foresights, techniques and analysis methods are secondary. Not that important compared to knowing your rights as a shareholder. What an investor knows about his rights is very limited. Statutes should be part of financial training.
This in my opinion should be the first lesson an investor must learn before anything.
The first step to protect your investment is to know your rights as shareholder. The rights to question the Board, the rights to scrutinize the Board for its decisions and the rights to scrutinize financial statements etc….
Most investors don’t bother to find out about their rights until fraud arises. When fraud happened, the investor gets cold feet and start to look for regulators/watchdogs to enforce their rights in frenzy. It’s essential but the investors leave it to someone else.
Fraud detection is a separate issue.
The decision to leave rights issue to the regulators and leaving oneself out of the picture is costly.
Before picking up a prospectus or a financial report know your rights as a shareholder first.
MootQuarter 
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