Many of the biggest and most common mistakes made by investors happens because they stray from their core competencies and / or lose focus. As evidenced below, a checklist can help tremendously.
“In 2009 the New England Journal of Medicine published the results of a study tracking the rate of complications from surgery before and after the introduction of a checklist. The study was based on data from more than seventy-six hundred operations in eight cities around the world. The researches found that rate of death dropped almost by half when the doctors used the checklist, and that other complications fell by one-third”….taken from the book Think Twice by Michael Maubossin