A New Investment Opportunity? My First Five Questions (Part 1)
Successful investing requires a good process. Knowing what to look for is the first step. Over time, I have developed a simple framework based on the Five Questions that I ask myself on every company that pops up on my screen. With these Five Questions, I decide within an hour or two if I should take a closer look (Deep Dive) or pass and move to the next opportunity.
This is In Part 1. In Part 2 (which I will publish next week), I will focus on more advanced issues to help investors avoid falling into some common traps.