Why A Checklist Is An Investor's Best Friend [Part One]
Whenever Mohnish Pabrai discovers a potential investment opportunity he sets out, just as all other investors do, to study the company and assess the potential risk and reward.
As part of this assessment, Pabrai uses a checklist with more than 100 criteria to assess the opportunity on offer. This method was born in the aviation industry and covered in depth by Atul Gawande in his book, Checklist Manifesto . . .
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