You see we are all living in a semi-efficiency market where some information are available for us and some are not. Unfortunately when the news came it is already happened. You know in Malaysia the incident of all necessities like Rice recently the news said it won't raise up the price too high. The news said it but the reality is otherwise.
Last week I went to the supermarket to see whether the price of Rice did or did not went up. Well it did and it is just a slightly increase until today the price of 10kg rice had increased RM 10(approximately) eventhough the government did said it is in control, well they lied..... When the price went up the news will talk about it after 1 day. You're dead!
Everything is best to check it yourself instead of waiting the news, news is for those lazy ass. Yes you heard me. Even you wish to hear some information it is best to have first hand information, this is when your network best in use. Because you can't go everywhere and check everything at the same time, and it is time consumable.
With a good network you will be able to exchange crucial information like how much the rice price in other states and other countries. This way you will be able to make comparison. This method will be applicable to other things such as stock in the same industry as you can't watch every stock in the stock market exchange.
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Don't Rely on News too Much
Labels: All About Money, Business, Online Guide
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