While it's wonderful that investors have access to all the data now available to them, it has become a full-time job to sift through it and separate out the valuable news from the useless noise.
Sentiment: POSITIVE
The amount of data and analysis available for free is a true example of information explosion has leveled the playing field for individual investors.
I find the parallels between how some investors refuse to recognise the trends and our reaction to some of our environmental challenges very powerful. There is an unwillingness to process unpleasant data.
To beat the market you'll have to invest serious bucks to dig up information no one else has yet.
Most people might just as well buy a share of the whole market, which pools all the information, than delude themselves into thinking they know something the market doesn't.
There is an enormous market demand for information. It just has to be fulfilled in a way that fits with the technology of our times.
The more up-to-date the information, the more valuable it is.
There's a lot of hand-wringing going on about the death of journalism and particularly the death of investigative journalism. What I see is that there is more need than ever to have experienced information processors - people who can look through this mass of data.
People are used to getting a lot of information quickly, and they're used to being quite empowered as consumers, and they go to governments expecting a similar treatment; they want to find data and they want to influence events quickly, and yet they come into this brick wall.
You want less of the annoying nonsense that interferes with your portfolios and more of the significant data that allow you to become a less distracted, more purposeful investor.
News is important information that may influence your investments. Noise is talk or buzz or some headline that prevents you from seeing a story clearly. News is useful. Noise is a distraction. Calling what's noise and news after the fact is easy.