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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Freedom Fighter who wrote (75264)	2/5/2000 2:16:00 PM
From: Skeeter Bug	Respond to of 132070

wayne, i'll add that my experience has shown me that most businesses don't know what to do w/ the information they already have ;-) improving access to certain information can be valuable, though. increasing information just to do so won't make big differences... except to cheapskate consumers :-)

To: Freedom Fighter who wrote (75264)	2/5/2000 5:52:00 PM
From: bill meehan	Read Replies (3) \| Respond to of 132070

Wayne, My initial response was erased due to technical difficulties. However, using the market and handicapping (very similar in many ways) isn't the best way to prove your point. Both require much more than simple logic and chains of yes/no questions to arrive at consistently accurate conclusions, especially within self correcting systems. And I do agree that too much information, or more accurately data, can be a bad thing. KISS is as true as the 80/20 rule, which is why I don't avail myself of the many tools available to me at work for doing technical analysis. It's also why I haven't studied more esoteric stuff that may technicians swear by. (My excuse for not wanting to spend more of my time working? <g>) Technology (when it works) sure makes screening for fundamentals easier. Its use (by some, all will follow or perish) from design to production, inventory mgmt, customer service, marketing, etc. will only continue to expand and it will be as seamless and reliable as using the telephone is now. Looks like another problem, so I'll end.

To: Freedom Fighter who wrote (75264)	2/6/2000 8:54:00 AM
From: yard_man	Respond to of 132070

Good post .. that's not to say that there isn't simple info that needs to be distilled sometimes from rather large datasets. As an engineer -- its worked both ways for me: I've had a hunch that a simple model was sufficient to make a good decision -- done a lot of work and found out that I was right. And I've had it go the other way -- my intuition has turned out to be dead wrong. But often a more detailed analysis shows that simple rules can be used for decision making ... Put me down as one who is distrustful of super-complex decision frameworks -- I think they result from incomplete or poor analyses 99% of the time.