Michael Mauboussin’s 10 Attributes of Great Investors [Pt.1]

In 2016, Michael J. Mauboussin completed his 30th year on Wall Street. The analyst, who was working at Credit Suisse at the time, decided to celebrate by reflecting on the ten attributes of great investors he had observed over the previous three decades. He published his ideas in a report in August 2016. I’ve summarised the first part of the 20-page document below. Understand accounting The first, and arguably one of the more critical attributes, is to be numerate and understand accounting. Mauboussin observed that it is not so essential to be comfortable with intricate calculations, but a “feel for…