Among the many investment books I read, only a few have inspired me enough for me to write about them in detail. One of these books is “The Investment Checklist” by author Michael Shearn. He serves on the investment committee of Southwestern University, which oversees the school’s endowment fund, and also is a member of the Advisory Board for the University of Texas MBA Investment Fund. As of 30 June 2021, Southwestern University held US$355.4 million of investments. Here is a list comprising the main questions in his comprehensive investment checklist. I will provide a brief explanation for each point but you are encouraged to purchase his book for more details. The first segment of the checklist covers the basics of understanding the business you are looking into. 1. Do I want to spend a lot of time learning about this business? If the business shows good promise and is easy to understand, it may be worth the investor’s time to dig deeper....