For a great investing process to work, or for any great process to work, one must bring together a team of individuals. The individuals should be focused on high idea velocity, on action, on looking at and presenting as many ideas as practicable to the team. The team, however, should act as a brake, biased against doing anything. The team should be skeptical of new ideas, raise questions, ask for more granularity, and put a burden of proof on the individual.
Insightful article, Tim. I enjoyed reading it. I was glad to reach this paragraph. In my opinion, neither doing right things or doing things right is superior all of the time. But the right team enables both effectiveness (right things) and efficiency (things done right) to find the right balance over time.