Information Saturation

(insert drawing here)

The internet is an amazing way to get new information however, as we have probably seen, the amount of information you gain from your research plateaus in after sometime. In microeconomics, it is called the “Economics of Information”.  This is the study of how information affects the way that we make economic decisions. This is an indepth study, however, the aim of this article is to explore how getting a lot of information overtime does not help us in the long run.

The graph shown in figure 1 shows the information as the source of value (on the x axis) and the amount of usefullness derived from the the information that one gets. It shows that overtime, the amount of information you gain from information you absorbs plateaus. This logic applies to most fields.

An example that stands out to me is what happens when I try to analyse the company I want to invest in. This is what usually happens:

    I look for information about the company I am interested in. I feel frustrated because sometimes I do not find the information I feel I need to make an informed decision.
    I read the company sheets. At this stage, I read and analyse the financial sheets and try to look for red flags. There is a feeling of elation as I have overcome procrastination. My knowledge of the companies that I am trying to compare increases.
    I read about management
    I read about the ways in which the company is being more socially and environmentally responsible. As it is a requirement.

It’s like discovering gold. One person discovers a deposit and decides that this is the place where they might develop a mine. They start drilling and drilling. And the more they drill into the ground, the more they discover information about the gold deposit they have underneath the ground.

Likening information to gold is not a mistake. It is also valuable to us as humans. In a less vain way, I think. But still more valuable as it will reign even as gold depletes.

There are moments where no matter how much you try,

An example that stands out to me is during the exploration of gold. A person suspects that he has gold in area A based on the having sites around them. They start exploring and to gauge the amount of gold they have in their section, they use information they get from the area around them. The sections closest to them highly influences the results that one gets. The further one moves from area A, the less other information will influence the characteristics of area A. There are several stages to this.

Stage 1

At this stage, there is a lot of information about the subject. At this point, as we get more information, the knowledge about the subject increases. There is an feeling of awe as the secrets of your subjects are revealed.

Stage 2

You still have a lot of information to go through. You analyse all of it, however, there is the yield of information that is derived from the information decreases as you go on.

Stage 3

At this stage. The further analysis you do, affects nothing and no matter how far and deeper you get, there is no new information. In fact, what may happen is a decrease in information because of the confusion and anxiety. There is also a feeling of helplessness associated with being unable to form decisions due to information overload.

This is more on knowing where to stop. There is sometimes no way to be but to be adaptable. It is more on learning to work with what we are given without feeling agitated.

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The Renaissance (Wo)man

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Photo by Katherine Harlon from Unsplash

This is for the who has shown that starting over does not mean you are behind on a success race. That a success race is just a personal perception that can be overcome by changing your mindset. That everyone is on a different timeline and that things happen at their own time.

This is for woman who has shown that there are different measures of success besides money. That making a difference and pursuing something that you are passionate about may be more fulfilling than a full bank account. This woman has inspired me to re-evaluate my goals.

This is for the woman who has shown me that not everything is planned. That some businesses happen by accident and they do blossom into beautiful things. The key is to start.

This is for the woman who has shown she cares about other women by building a platform that inspires and empowers different women from completely different backgrounds. A platform that shows that we all have similar hurdles to overcome. A platform that reminds us that we are not alone in anything that we do.

This is for the woman who is unapologetically authentic no matter what circumstances they face.

This is for the woman has shown that there is a thing called imposter syndrome. That the dreadful feeling has a name, that it is common, and that it can be dealt with.

This is for the woman who has shown that you do not have to be perfect at something to achieve your goals. That perfectionism is a barrier for many women who won’t try anything for the fear of failure.

This is for every Phenomenal Woman.

 

Investing and Time Anxiety

A reflective moment made me realise that I have time anxiety. Time anxiety is the feeling that one should achieve something within a certain period. This feeling usually comes after realising that most of your peers are ahead of you therefore you feel a pressure to catch up. This realisation was cemented after reading that “when you want to hurry something, that means that you no longer care about it and want to get on to other things” (Pirsig, 2014). This quote pushed me to try to slow things down and achieve things in my own time.

I have been taking a lot of investment and personal finance courses lately. I have been rushing through them because of a deadline I set for myself. I did not take time to really understand the concepts that these professors were trying to teach me. Therefore, I have to redo some of them. This is the way to go if I want to stop speculating about the stocks I choose.

Planning is a good way to go but you have to be aware that some projects take longer than expected. Like me, push your deadline to a later date. You will be better for it.

Bibliography

Pirsig, R. (2014). Zen and the art of motorcycle maintenance.London: Vintage Books.

Travel for the right reasons

Before travelling the world, there are a few things you may have to consider. These points are here to prevent you from spending a lot of money without enjoying your vacation. These points are as follows:

  1. Reasons for travelling
  2. Destination and duration
  3. Extra money for different activities

Reasons for travelling

Are you travelling because you want to or because you’re rushed into thinking that this is the only chance you will get? If your answer is the latter, you might want to reconsider. Don’t be fooled by the idea that you will never get the chance to travel again. That feeling alone will dampen your enjoyment of the trip. There are always more opportunities to travel which will allow you to save for longer.

Destination and duration

If you are planning on travelling across six different cities for only a week, then you might want to reconsider. The only exception is a road trip with friends, which is a rite of passage. However, if you want a chance at experiencing the culture in you chosen places, you may have to reconsider. The reason is that, most of the time will be depleted by travelling between cities and therefore you won’t be able to experience the joy of exploring the cities. You may have to re-structure your plan to travel for longer or to travel to fewer cities.

Extra money for different activities

Because most of your money will go towards accommodation, you need money to go into the places that require entry fees. Moreover, you may want to try different local cuisines and go to different events. You don’t want to be the person that brings your travel buddies down because you cannot afford entry into a club.

These are a few things you have to consider. Happy planning!

A Scrutiny of Frankenstein- Part 3

This is an analysis of Letter 4 from Frankenstein (Penguin Classics).

 

The letter is a recording of events that occurred as the crew was sailing. R. Walton says, “So strange an accident has happened to us that I cannot forbear recording it,”. He does to avoid the distortion of his memory. It proves that our minds are not reliable as humans sometimes conjure up images that did not occur. He does this to avoid our tendency to exaggerate events that happen around us.

This letter informs of the first meeting between Robert Walton and a stranger whom he admires. The stranger arrives during an ominous storm. He is injured, and he exudes the feeling of horror and sadness. Walton is drawn to the stranger and therefore he takes care of him. The readers feel as if he identifies with the character. Moreover, since Walton has been feeling an overwhelming sense of loneliness, he becomes closer to the stranger and he begins to “love him as a brother”.

This letter also proves that humans are bad at predicting the future. Walton believed that he would find “no friend on the wide ocean”, yet he finds someone. It proves the uncertainty of life. It emphasizes the importance of keeping a journal. The reflections would help us prove not to trust predictions in the complex life we live.