Whether it's knowing about an underutilized data source or using an alternative investment strategy, every investor needs a few special tools in their toolkit because it's part of developing an edge in the market.

However, don't assume that you need complicated processes or obscure knowledge to become better at investing than you are right now. In fact, there are three straightforward tricks that'll deliver quite a bit of value right away, so let's review each one.

Have a hunch that a certain product segment, industry, or trend is going to be big in the future? Many investors would act on such a hunch by buying the stock of a leading player in the relevant space.

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Source Fool.com