The process frame encompasses the tools that we use to interpret the other frames. Much like our frames themselves, these Process tools fall into two baskets:
Analytical Process – Those tools that we use to understand and interpret elements of the Individual Frames:
- Analytical Tools – A collection of basic analytical concepts (materiality, delta vs level, consistency) which are both simple to describe, but quite profound in their implications.
- Information Tools – The modeling and presentation of data, as distinct from statistical analysis.
- Thinking and Learning – The meta-tools of the brain.
Application Process Tools– How we apply the Individual Frames to create an Investment Process