Ok, managed to squeeze in some time to post on this blog. Exam preps are really insane this week.
Before Happiness #4 : Increase Signal to Noise Ratio
This section of the book is the hardest to achieve for me because I take on a lot of information sources and, combining my blogging hobby with my legal career switch, I am almost always swamped with information or crazy ideas.
a) Identify the signal from the noise
Noise is unusable, untimely, hypothetical and distracting. I consider The Independent a website dedicated to noise.
Otherwise, I struggle with this section a lot because the book explicitly says that a lot of financial predictions are noise and Jim Cramer was even singled out as one of those information sources that an investor better off without. The more important differentiator between the signal and noise in investing is that, for me, I am more interested in the working than the answer. I …