img src="http://photos1.blogger.com/img/43/5843/160/thinking.jpg" /br /br /emspan style="color:#0000ff;"(P.S: Sorry for any disturbances the advertisements above may have caused you)/span/embr /A friend joined a fund management firm recently and was amazed at how the analysts were expected to cover multiple geographical markets simultaneously, since the firm managed several Asia-Pacific funds. How was he supposed to do it, he wondered, since he previously was only familiar with the Singapore market. Indeed, was it even humanly possible for a person to cover many markets at the same time?br /br /To me, there are three distinct aspects to developing one's expertise and effectiveness in the stock market: depth, breadth and philosophy. Be deficient in one aspect and he will be a much less effective investor by an order of magnitude because of it.br /br /In fact there are many analogies that I can draw between this and kungfu (which I like watching, and in the mood ...