Whoever first said that knowledge is power was probably selling encyclopedias. Knowledge may be a tool, like money and influence. Tools are only powerful if they’re used effectively. How, then, does one make a headful of data into a strong tool?
By seeing clearly what can be done.
By seeing clearly your own limitations.
By acting on what you know.
Investors often learn such a lot that they think they’ll consistently predict the course of the securities market. In reality, there are probably fewer than ten old investors that have not lost money. Wise investors know that the most effective they’ll do is get the chances in their favor, so they’ll have more wins than losses. You have to ascertain the restrictions of data .
I can examine the way to sing, and even get advice from a voice coach, but I can’t sing well. I’m not saying that I could never sing well, only that immediately I cannot. If I’m not willing to try to do what’s necessary, then I might be known to explore a non-singing way to make money. You have to see your own limitations.
The most important part of making knowledge into power is to act. You can study political philosophy and each aspect of the political process for a decade and still don’t have any power. Power is within the effective application of what you recognize .
Imagine an inventor with 100 ideas on paper. He features a head filled with knowledge and artistic imagination, but nothing to point out for it. Now imagine an easy man with one new invention, who understands the bounds of innovation without marketing, and sees his own limitations therein area. He seeks out the folks that can help and makes millions. Now that’s power.
– Thanks For Reading
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