You can't possibly keep up with everything that is going on in the economy or even one company. There is too much information to parse.
You get on the information treadmill.
That is why you have to think smarter and act smarter. Heuristics are the way you maintain and at times can get ahead.
The information treadmill is never ending and never conquered. It is ever present and ever future. It waits for no one and offers only fool's gold if you think that by keeping up with the "news" you are able to make better decisions.
It is true that better information is better. But discerning the better information from noise is the hard part.
Keep things simple. Have a philosophy, a set of guidelines that put the odds in your favor. Be disciplined, courageous and patient.
That will allow you to keep a proper perspective and not get caught up in the noise.
Easier said than done.
No comments:
Post a Comment