The Only Three Questions That Count: Investing by Knowing What Others Don't

Chapter 4. CAPITAL MARKETS TECHNOLOGY

Building and Putting Capital Markets Technology into Practice

By now you know the Three Questions work together, helping you identify what you can know that others don't. While this book demonstrates how to debunk some common myths and uncover some surprising truths via the Three Questions—don't stop with the few examples the limited space these pages allow. The point isn't to garner a few useful investing tidbits, but to use the questions always with every decision. Stop and ask, "Why am I buying or selling this stock, sector, fund, whatever? Why do I think this is a good idea? What do I know that others don't? What do I believe that is false here? What can I fathom?" Simply asking the questions puts you ahead of most investors. Then ask, "Is my brain just messing with me?" This isn't a static how-to book. It gives you a dynamic process and a tool set to keep you three steps ahead of the investing populace for your investing life.

The answers to the Three Questions, either one-by-one or together, provide you with a new way of approaching markets—one amounting to a technology you can repeatedly test and apply. Your goal in repeatedly asking the Three Questions is to build, over time, a dynamic arsenal of capital markets technology.

We don't know much today about how capital markets work compared to what we will know in 10, 20, or 50 years. One way to know something others don't is to build capital markets technology of the future now. If you can ...