“In expert tennis, 80% of the points are won, while in amateur tennis, 80% are lost. The same is true for wrestling, chess, and investing: Beginners should focus on avoiding mistakes, experts on making great moves.” -Erik Falkenstein Many value investors use checklists as part of their investment process. Perhaps the most notable is Monish Pabrai, whose long-only equity fund…
![The Investment Checklist: The Art of In-depth Research](https://i1.wp.com/www.professorgregory.com/wp-content/uploads/2017/12/t20-laptop-50-percent-1.jpg?resize=770%2C433&ssl=1)