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I've read in several posts that some people take notes while reading GMAT prep books/studying. Is it a good idea to do it? Also, it's obvious that putting down every strategy/formula etc. isn't a wise thing to do. So what notes would you suggest to take?
I'm have been member of this GMAT CLUB for moment now. As far as I see, you build your own study plan and then go thorugh it. However there are lots of post and blog that suggest the best possible way to solve a particular section (PS/DS/RC/SC/CR). And I personally believe finetuning to suit your needs is the best. At the end what matters is the result and how you get the question correct (either by doing mentally or by writing it down and then solving it).
Coming to your noting of concepts, that does really help if you could make a POST ITS and every day you can go through few concepts in remembering the formulas to solve a problem as quickly as you can. For Verbal, practice, practice and practive, no alternative.
Please browse through the blogs and post, you will find loads of contents on how to prepare efficiently and diligently as possible.
well note taking is extra work and i tried it but ended up referencing the book anyway so didn't work out the way i wanted. But at a minimum you should try do some sort of error log - i didnt do a full blown one but i tried to do one i felt comfortable with.