Thursday, 12 August 2010
Control over your Information
On 1989 Berlin wall came down, industrial age officially ended and information age started. Today, the information age is at 20 years old. In the information age, how much you learned is not as essential as how fast you learn. Today Moore's law stated that information processing capability is doubling every 18 months. It implicate that the information we get now will likely to be obsolete after 18 months. In the information age, virtually everyone can get all kind of information by clicks. This simple changes in today civilization has making opportunity to everyone to become rich never be easier. During industrial age, lack of information are always the factor for the poor or middle class difficult to be rich. Most of the valuable information are only accessible for certain group of people - the rich. But, at the information age, everything is on the world wide web. In today world it is not the lack of information, but too much information. Therefore, we need to know how to identify and distinguish the validity of the information. Control over the information you gather, and know how to manage it is today number skill to become rich and retire young. The one who can't control the information will find it difficult to become rich since they do not know how to use the information nor perhaps the information is not valid. As this apply to investing in stock, real estate and businesses. Remember as a professional investor, lack on information will bring you back to the stone age, and overload on information will fall prey to predatory con-man. So, manage your information well, and you shall be able to gain from the information you gather which virtually costless.
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