“The idea that more data is good for investors is ridiculous.”
Michael and Josh tackle the obsession with data, factoids and random statistics that seems to dominate the modern era of investment content. The illusion that being armed with this information can help you determine what is about to happen next is not helpful and can even be extremely harmful.
Stay tuned for the lightning round of ridiculous stats at the end.
Read Michael’s post about this, Numbers Are Not Reality.