I realised that just one Checklist for the ‘WD40’ would not actually suit my needs - because I Invest in a range of Investment ‘Styles’ to ensure more Diversification. On this basis, I have decided to produce the following Checklists:
This is the Final Checklist and you can find the other ones at these Links:
Whilst scribbling this final Checklist it has occurred to me that a Stock could move from one Checklist Category to another. For example, it is not hard to envisage a Value or Recovery Stock becoming an Income Stock or even a Buffett Stock over time, or perhaps a Growth Stock could mature and become a Buffett or Income Stock in time (hopefully it won’t become a Value or Recovery Stock !!!).
Again this is just pointing out that flexibility in approach and interpretation of these Checklists is preferable and the Checklists should not be treated as a ‘Black & White’ strict set of Rules that must always be 100% adhered to. As always, an ability to be flexible when it comes to dealing with Markets is useful.
General Points for the Checklists
That’s the Buy Checklist Blogs finally completed (yes, like you I was beginning to think that would never happen !!) and hopefully Readers will find them a help with their own Stock Picking and of course it makes sense to steal bits from these you like and disregard what you don’t - I am not at all precious and I think there are many ways to create a System and this is just yet another element of the Jigsaw Puzzle (if would help if I could find the Lid with the Picture on it !!).
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