An investor's artifact: the checklist. You can download it for free

One of the most important artifacts or tools for investors is our “checklist”. A checklist should be personal and will be shaped over time by your own learnings, but I’ll get you started with a simple checklist. 

Sign up for my newsletter and receive a free checklist - perfect for a beginner or as inspiration for the more advanced investor.


Download Checklist

The checklist I'll share with you is meant to get you started as a value investor. As you progress with your value investing practice, you’ll want to add more questions, more in-depth calculations of company numbers and ensure you ask the critical questions and reflect on your own biases. I have several checklists and it takes me extensive time to complete them. Several hours spent and months of studying. I must admit, I have a wonderful time digging into a company.

Charlie Munger describes it this way:

“You need a different checklist and different mental models for different companies. I can never make it easy by saying, ‘Here are three things.’ You have to derive it yourself to ingrain it in your head for the rest of your life.” 

To download the checklist please click on this link. The link will take you to a website, where you sign-up for my newsletter and can download a PDF file with the 3-page checklist. My newsletter comes out every time I update the blog and if you don't like the content in the newsletter (of course I hope I add value) you can unsubscribe at any time.



Comments

Post a Comment

Most Popular This Month

Where does Warren Buffett live? Your itinerary to Omaha

Image
If you ever have the opportunity to visit Warren Buffett’s hometown Omaha in Nebraska, this is what you absolutely must do while you’re visiting: Scroll down for more photos of his house Warren Buffett’s Home 5505 Farnam St., Omaha, NE 68132 You may think that a billionaire like Warren Buffett lives in a mansion in a gated community. But this couldn’t be farther from the truth. His house is a modest home in a quiet neighborhood of Omaha. It’s only a few minutes from Downtown Omaha yet the neighborhood is calm and quiet and absolutely lovely. It takes Warren Buffett approximately 7 minutes to drive from home to work at the Berkshire Hathaway HQ (unless he stops by at McDonalds – read below) One thing I thought was sweet was the water dispenser for passing-by pets on the sidewalk outside the gate. Gorat's Steakhouse 4917 Center St, Omaha, NE 68106 My husband and I had the most amazing experience at Gorat’s Restaurant, which is one of Buffett’s favorite places, where he takes family m
Read more

The Dangerous Illusion of Being Diversified

Image
Are you diversified? The other day a woman mentioned that she had read that diversifying would reduce risk, so she had bought a bunch of different ETFs to ensure she was diversified. At that time, she didn’t know about the fact sheet that every ETF has and that it’s possible to see a list of the stock holdings in an ETF. It turned out that there were major overlaps, the holdings were basically the same, and she wasn’t diversified as she thought she was. This story reminded me of one of my first experiences being a speculator. In my mid 20’s I invested in microcredit. I supported small, female businesses in Africa by giving a credit and in return earning a small interest. I knew about diversification, so I invested in multiple African countries and in many different areas of business (delis, hair salons, tailor, agricultural business etc.). To me it was more about contributing to these ladies, rather than getting my money back.  Overall, it went well - a few loans defaulted but overall
Read more

5 Myths About Investing and The Stock Market

Image
Here are 5 myths about investing in the stock market explained. The insights in this post will change a traditional view on investing, trading stocks or ETFs and about how the stock market works. Myth #1: The way to forecast if a stock is a good buy is by studying the graph. Behind door number one is one of the most common myths I see today. Many people will look at the stock’s price graph and if it’s been going steadily up over a period, they will buy the stock. The belief is that the past price and upward trend on the graph indicates success and that the stock is likely to continue trailing upwards. But the past doesn’t equal the future and the price of the stock is not equal to value of the business behind the stock.  If you’re currently buying stocks this way, a good way to make a small change is to add in a few steps before you buy the stock: Check the company behind the stock. Is it profitable or reporting a loss? Does the company have debt? And does the management have integrit
Read more

How to Pay Yourself First

Image
You might have heard about the concept of paying yourself first and here you’ll get my step-by-step recipe that can turn your focus from bills and expenses to being able to pay yourself before you pay anything else. Today you might be in a situation where everything you earn is going to expenses and fun. Most people pay their bills first but with this concept you pay your bills last. It’s really a mindset change more than anything else. You want your money to first and foremost go into “cash-flowing asset” and in plain English that means something that is producing cash for you. These are my steps; they don’t work for everyone, and ex. author Robert Kiyosaki would likely not recommend you do it this way because he would rather want you to set a goal on how you could earn more rather than cut anything out. But this is what worked for me and if you would prefer to set a goal like Robert Kiyosaki, jump to step #2 Step #1: Cut Down on Unnecessary Expenses Make a list of everything you buy
Read more