Most investors focus on answers too early.
Strong investors focus on questions first.
Three Better Questions
1. What would need to be true for this to work?
This reveals assumptions.
2. What could break this deal?
This reveals downside.
3. If I already owned this, would I still buy it today?
This reveals conviction.
Common Mistakes
• Looking for certainty
• Relying on gut feel only
• Ignoring assumptions
Action Step
Take one deal you’ve looked at recently and run these 3 questions.
Discussion Prompt
Which question feels most useful to you right now?