Investment framework

Framework 1: company - financial statement analysis checklist, competitive advantage, valuation, margin of safety, reverse DCF, PE, growth rate etc. - from financial shenanigans, Fisher book,

Framework 2: industry - competitiveness, predictability, stock price changes- indicators.

Framework 3: Country - macro- inflation/ deflation, interest rates, indicators, financial history

Framework 4: Psychology- buying and selling at what market price?

All should have checklists

How much time should one spend? -- One should spend more time on macro at turning points, say 50%, whilst most of the time it should be 10/20 %.

Company should occupy most time - 70% minimum except critical period-- when price falls through the floor, should have done enough preparation to know which stock will do well.

Industry- which is most attractive in long term? and what factors are discounted in price?

Time spent on books/ blogs/ news -- minimum 1 hour on news, and 1 hour on blog?