1) The document discusses four common pitfalls in training and evaluating recommender systems.
2) The first pitfall is that training models on clickstream data can result in models that learn the layout and structure of pages rather than true user interests.
3) The second pitfall is that using live recommendation data to evaluate new models favors algorithms similar to the online one.
4) The third pitfall is that click-through rates alone do not accurately capture business goals like revenue generation.
5) The fourth pitfall is that accurately measuring increased purchases from recommendations, rather than redirected purchases, is challenging.