TODAY with the internet, 24-hour financial media, blogs, and every conceivable method of acquisition, information is overwhelming. What makes it easier to deal with is knowing that only a small amount of it is actionable and most of the rest is merely observable; where actionable means able to be used as a basis or reason for doing something or capable of being acted on and observable is merely noteworthy.When real money is involved, the difference can be significant. The world is full of observable information being dispensed as if it is actionable. Experts, TV pundits, talking heads, economists (especially them), newsletter writers, blog authors, in fact most of the stuff you hear in regard to the markets is rarely actionable. Actionable means that you, upon seeing it, can make a decision to buy, sell, or do nothing.To give an example, you often hear the financial media discussing economic indicators and how they affect the stock market. They seem to ignore the fact that much of t...
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