Purchasing stock confidently requires the right knowledge.
As Francis Bacon, the father of the scientific method once stated, “Knowledge
is power.”
In mankind’s agricultural past, ownership of land and
property meant power. During the Industrial Revolution, ownership of factories
and machinery became the basis of wealth and power. Now more than ever, in our
globally integrated cybernetic information driven world, knowledge and
information in and of itself has become the basis of wealth and power. Examples
of those that are powerful due to our current knowledge based society include
the wealth of Bill Gates and the influence of the large pharmaceutical
companies, of which both are based on intellectual property rights.
Control of information is something corporate elites always
recognized as a way to consolidate and build wealth and power. In 1983, 90% of
American media was owned by 50 companies. Right now, over 90% of the
information diet of 313 million Americans is controlled by 6 corporations: News
Corporation, Disney, Comcast, Viacom, Time Warner, and CBS. That is 90% of
everything Americans see, hear, and consider important. As author Tom Clancy
pointed out, those that control the information can control the people.
Governments that are despotic have long recognized the importance of
controlling the flow of information in a society. For example, China’s
government controls its population in part by maintaining massive surveillance
and a content control system over their population’s access to the Internet. As
elites and governments recognize the importance of controlling knowledge and
information, so should you be seeking to build on your sources of information.
Decisions do not happen in a vacuum. They are best made when
the individual has sufficient information to weigh the possible consequences of
various choices. Access to the right information gives decision-making power,
builds your range of options from which to make choices, and is a key step
toward empowerment and building wealth. Knowledge gives competence and the
capacity to act, and sets one on a path of never ending and self-initiated
growth.
One of TraderPower.com’s primary goals is to help investors
make the right decisions and discover undervalued stocks poised for exceptional
profits. For more information, visit www.TraderPower.com.
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
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