In this series we discussed meetings, and we discussed qualities of collaboration worthwhile to pursue, so now we must give you something even more specific in case you’re looking for more chances to implement new methods: enter the Rocks meeting.
A "rock" is a question or problem that IF you had the solution, you would alter what you are doing right now significantly. As an example for investors, you would dramatically change your position size, or get in or out of a position altogether.
The method of rocks meetings is counter-cultural, so with that in mind, we are only going to go over the first piece of it, because it's CRITICAL to get that right to have the methodology work any better than any other ordinary investment discussion.
If used well, I really do think you will come away with better questions leading to much more valuable investment insights. (And p.s. - the Rocks methodology has meetings and collaboration BUILT IN)
Some parts of the methodology will sound a little tough. That’s the counter-cultural element. Over time, it really starts to flow, but first, let’s jump in...