Information or Knowledge

They say that the “information age” started in 1947 with the invention of the transistor. That was a little over 75 years ago, and I wonder what folks back then would have thought if they could see where we are today. As I reflect on history, the pure ability to distribute information was extremely powerful, and it changed the world forever. As we progress, it seems as though it is now everywhere. My question is, at this point in our current “age”, where does knowledge fit in?

Maybe it’s just me but I think we may be at the point in our evolution where we are shifting from access to information to now having to determine what is valuable to us. (And what is not). It’s like this middle ground where we are fascinated with all we have access to, but it’s so overwhelming that sorting through it becomes very challenging, even when we encounter basic things. And so it goes. We shall see what the future presents.

The reason I bring this up is that our firm has always been in the information business. Not only in personal relationships but also as it relates to branding, and all we provide through various communication channels. I have always tried to put what we share through the lens of knowledge vs information, because I feel that this is part of the true value we bring to our clients. When you spend time with us, we hope that what you find is a relationship that makes your life better with us in it, and part of that is through helping you sort through the complicated world of wealth management.

The future is bright, but it is my belief that the new “survival of the fittest” in our world may very well involve the ability to determine knowledge through the sorting of information and applying it appropriately to our lives.

Investing involves risk. No investment strategy can guarantee positive results. Loss, including loss of principal, may occur. Material discussed is meant to provide general information and it is not to be construed as specific investment, tax or legal advice. Keep in mind that current and historical facts may not be indicative of future results. Diversification is an investment strategy that can help manage risk within a portfolio, but it does not guarantee profits or protect against loss in declining markets.

This content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. (C) Twenty Over Ten