Infermation vs Information
4:00
Infermation is valuable information that you "infer" from information.
In other words, the REAL value of a piece of information often is not contained in the information per se, but is created by the intelligent mind that is contemplating the information.
The way to derive infermation from information, is to use what billionaire Charlie Munger calls a "lattice of mental models." This is basically a collection of mental tools that you acquire over the years. These mental tools allow you to quickly seize the matter at hand, and make quick evaluations as to its value.
Anthony Robbins calls them "distinctions." Warren Buffett for instance is better that most people at making distinctions when it comes to investment-related information.
The sharper your distinction, the quicker you can decide.
Infermation is valuable information that you "infer" from information.
In other words, the REAL value of a piece of information often is not contained in the information per se, but is created by the intelligent mind that is contemplating the information.
The way to derive infermation from information, is to use what billionaire Charlie Munger calls a "lattice of mental models." This is basically a collection of mental tools that you acquire over the years. These mental tools allow you to quickly seize the matter at hand, and make quick evaluations as to its value.
Anthony Robbins calls them "distinctions." Warren Buffett for instance is better that most people at making distinctions when it comes to investment-related information.
The sharper your distinction, the quicker you can decide.
posted by Super Peter at 1:56 PM
<< Home