Ben Graham Checklist of 10 Rules via the Graham Investor

Over at the Graham Investor I found a post questioning whether the 10 rules for selecting stocks that Benjamin Graham explained and tested later in his career are still relevant. I agree that some of these items are outdated due to changes in corporate policies related to things like dividend payouts. However, the checklist below still might serve as a good basis for making your own modifications to still capture the Ben Graham philosophy.

Related Links
Benjamin Graham's 10 Rules - Still Valid blog post at The Graham Investor

Ben Graham Checklist of 10 Rules via the Graham Investor

UPDATE:
Jae Jun over at Oldschoolvalue contacted me via twitter (@investchecklist) and pointed out that he conducted a backtest of the items covered in Graham's 10 point checklist. For those of you interested in viewing the results of Jae Jun's test check out his two part series.

Part 1

Part 2

Checklist for Writing an Equity Research Report

Checklist for Writing an Equity Research Report

Checklist for Evaluating Whether a Successful Corporate Turnaround is Possible

Have you ever wanted to invest in a turnaround story? Some of the turnarounds that we've seen attempted over the last couple of years include E-Trade (ETFC), ValueVision (VVTV), and Winn Dixie (WINN). These are difficult investments to analyze. In order to help keep you on track here's a Checklist for Evaluating Whether a Successful Corporate Turnaround is Possible.

Checklist for Evaluating Whether a Successful Corporate Turnaround is Possible

In case you missed it: The Checklist Manifesto in Review

Frank Voisin who writes extensively on investing posted a review of The Checklist Manifesto on his website. As many of you know, that book was actually what convinced me that checklists were an effective investment tool. As Frank states in his review the book doesn't really appear to be about investing:

At first glance, today’s book may not appear to be related to investing, but I assure you that its key teachings can and should be applied to your investment decision-making process (and in fact are used by many top value investors, including Mohnish Pabrai, author of The Dhandho Investor and Guy Spier of Aquamarine Capital). The reason I can make such a normative statement with confidence is that the nature of the challenges facing investors allow these challenges to be best handled through the use of checklists.

If you have not already done so, take a look at Frank's blog post as he gives you a nice overview of the lessons that can be learned from The Checklist Manifesto: How to Get Things Right.

Another Checklist for Evaluating a Business

Greg Speicher over at GregSpeicher.com put together a nice concise blog post today that was essentially a checklist for the 10 essential questions to ask when deciding what multiple to pay for a stock. This was based on a post at Abovethecrowd by venture capitalist Bill Gurley. This is the type of thing that investors might find useful so I thought I would post the checklist. Also, for those of you interested I’ve included links to the posts by Greg Speicher and Bill Gurley. If you take a look closely, you'll see some overlap between this checklist and the ones I posted in May 2011 which discuss the Philip Fisher Methodology of assessing a firm.

10 Essential Questions to ask when deciding what multiple to pay for a stock by Greg Speicher

All Revenue Is Not Created Equal: The Keys to the 10X Revenue Club by Bill Gurley

The Checklist:
The Questions to Ask When Deciding Appropriate Multiples for a Stock

Evaluating Promising Firms per Philip Fisher - Business Characteristics

Evaluating Promising Firms Per Philip Fisher in Conservative Investors Sleep Well_Business Characteristics

Evaluating Promising Firms per Philip Fisher - People Related Elements

Evaluating Promising Firms Per Philip Fisher in Conservative Investors Sleep Well_People Elements