My friend JP (@jobsworth) is pure awesome to listen to and converse with. I was introduced by my friend Jevon who founded of the wicked cool GoInstant (I am an investor).
JP is a foodie and information junkie.
I did not know he was speaking at TED, but saw a link on Twitter yesterday. I am glad I clicked over. You MUST spend the 8 minutes JP dedicates to the idea that ‘information is food‘. Its brilliant. Here are a couple of gems:
“Information, if viewed from the point of view of food, is never a production issue. … It’s a consumption issue, and we have to start thinking about how we create diets [and] exercise.”
“Are we going to reach the stage where information has a percentage of fat associated with it?”
I am not a foodie, but I too am addicted to information. I assume that’s why I love the markets.
It is only when I learned to look at the flow of information from the media and research departments of investment banks in the terms of percentage of garbage and noise that I started to make a living.
JP is right, we should look at the ecosystem as information as we do the ecosystem of food.
In the financial world, if information is food…investment banks are saturated fat.
One comment
Comments are closed.