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 to 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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