No wonder information and knowledge are not one and the same and if all that analysis goes into wrong companies this is the kind of results you can get.
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In software, the first basic thing that was taught to us was:
Data is a collection of facts and figures. It means nothing.
Information is processed data, and hence Information means any processed data that provides some meaningful conclusion out of it.
Investing I can stretch it a bit further to say that, Correct Application of that Information. This comes from wisdom.
Wisdom primarily comes from making mistakes or from learning from others mistakes.
Thanks for bringing that info. to TED Shashi jee, else we would all have been assuming something completely different based on just 1-2 observations and comments.
Edited by omshivaya - 14/Apr/2007 at 1:10am