Charlie strongly believes in using checklists!
- Risk: Always start by measuring risk, especially to one's reputation
- Independence: ignore the crowd, focus on the process
- Preparation: The only way to win is work, work, work, work
- Intellectual humility: knowing and staying with the circle of competence
- Analytical rigor: scientific method and use of effective checklists
- Allocation: proper allocation is the investors entire job
- Patience: don't act just to feel productive
- Decisiveness: luck is rare, act decisively when you have a great opportunity
- Change: be stubborn about continual growth and change
- Focus: keep things simple