# Investment thesis worksheet

Resource version: 1. This is a blank worksheet for your own reasoning, not an investing.md policy, product import format, security recommendation or order instruction. A saved file grants no account access and does not update itself.

## Instrument you chose to research

[Name and public instrument identity supplied by you. Do not let an assistant choose a security to fill this field.]

## Thesis statement

[What you believe and why. Separate your interpretation from sourced evidence.]

## Evidence and missing information

| Observation | Source | Evidence date | What is still uncertain |
| --- | --- | --- | --- |
| [Recorded fact] | [Source and URL] | [As-of date] | [Gap] |

## Expected observation

[What you expect to be able to observe, and over what period]

## Falsifier and contrary case

[An observable condition that would weaken or invalidate your thesis. Record the strongest contrary evidence.]

## Fit with your mandate

[How this relates to your own goals, limits and allocation bands. A policy check assesses stated rules and coverage, not investment merit.]

## Review date and conviction

- Review due: [Date you chose]
- Conviction: [Your own assessment and what would change it]

## Decision and reasoning

[Your own decision: proceeded, abandoned or deferred, and your reasons. This worksheet does not place or approve an order.]

## Later review

- Review date: [Actual date]
- What changed: [New evidence and its sources]
- Earlier expectation: [Quote the original wording before explaining it]
- Outcome and next review: [Your assessment]

Keep the original dated thesis alongside revisions. In Investboard, Premium provides supported thesis and journal workflows; downloading this worksheet creates no record in your account. Guide: https://investboard.com/investing-md#thesis-template.


## Reuse

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