Vic says, "Be direct," in market analysis. "Study the thing directly, not some derivative. Studying the most simple things leads to the most robust ideas even in complex systems."

Taking a "be direct" approach to understanding a market occurrence is certainly a benefit. Individuals incorporating this practice as a piece of her "overall" information collection strategy tend to have a reasonable understanding of market causality.

Moreover, individuals attempting to use a be direct approach, in isolation, should take heed. Susceptibility to manufactured events and disinformation increases dramatically as the number of credible sources decline. Entities conveniently provide information hoping that people will "take their word" and not be objective thinkers. This situation hardly advances our own self-interest and makes informed decision-making nearly impossible.

Perhaps, people could analyze a market occurrence in the most direct fashion available, making notes of their initial reaction and potential course of future action. Placing scenario one on hold, cross-reference that information with as many creditable sources as possible. Timeliness should be a concern because over-referencing might decrease the advantage time sensitive information provides. Throughout this process the information's creditability and relevance will be established.

Combining enhanced qualitative analyses with quantitative "know-how" will invariably lead to more informed, if not better, decision-making.

As for the aforementioned Mr. Koch's postulates? I must have dozed off during the lecture highlighting his work regarding microorganism causality.

As a librarian, I relish the journey of acquiring hard-to-find information. Feel free to contact me if you'd like a list of websites, books, and articles related to the art and science of effective information collection.





Speak your mind


Resources & Links