Carvel46 Posted July 14, 2009 Share Posted July 14, 2009 I was curious if anyone else has created a detailed Investment Checklist? After I read Poor Charlie's Almanack, last summer, I created my own investment checklist http://www.poorcharliesalmanack.com/index.html Guy Spier recently gave a presentation on Investment Checklists: http://manualofideas.com/blog/2009/07/guy_spier_live_blogging_the_va.html Anyone use one also? What are some of your items? A few from my list: MOS, cash generative, story stock?, honest management, capital allocation, invert, understand Porter 5... Thanks! Link to comment Share on other sites More sharing options...
woodstove Posted July 14, 2009 Share Posted July 14, 2009 Not very systematic, but what I look for - in a long term investee - is what I call a culture of making profits. There are companies which should be producing profits, but somehow just never seem to be consistent. I think what happens is, once the money starts being in surplus, they expand their scope somehow, eg more marketing trips, more non-practical R&D, drill more dry wells, pay executives more, whatever. Whereas other companies seem to produce profits, even in tough times. A shortfall is temporary for them. Link to comment Share on other sites More sharing options...
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