Process Frame – The Meta System
One original thought is worth a thousand mindless quotings.
Diogenes of Sinope
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