“By the time the ordinary investor sees a quote, it’s like looking at a star that burned out 50,000 years ago”
Mark Twain once noted,”The difference between the right word and the ‘almost right word’ is like the difference between lightning and a lightning bug.” So too with data.
Know the data, where it comes from and what it means.
“Interestingly, the top performers also turn out to be the organizations most focused on improving their use of analytics and data, despite the fact that they’re already ahead of the adoption curve,” said Michael S. Hopkins, editor-in-chief of MIT Sloan Management Review. “We discovered that the more managers know about analytics-driven management — and see how it can create value — the more they know that they want to know more.”
Dealing with the Data Deluge – MIT News Office