Some interesting comments found on a Packers newsgroup.
Amazing how it can be applied to trading as well.
Are you looking at too much stuff? Time to cut through the maze and get down to just a few trusty indicators or patterns. Much more than three things when making fast decisions tends to muck up the works anyway, at least it seems that way to me.
-SE
-------------------------------
> >"I'm not a big phone guy," Wolf said. "I trust what we're doing. Our
> >staff knows what our coaches are looking for. If we don't, we're up
> >to our butts in alligators. Half the time, after I pick a guy, I get
> >some information I didn't know. Had I known it, I wouldn't have
> >done what I did, and it wouldn't have been beneficial. That's why I
> >don't like to have a lot of information. But other teams love it."
>
> Wow. So I guess Wolf relies on luck more than anything else.
Not quite. Let me break it down for you. Wolf subscribes to the notion
that more is not always better. Those of us in decision making posts
(especially those who have to make decisions under pressure, without
unlimited time) know that having too much information can be just as bad as
not enough. Remember those story problems in math that tell you all kinds
of stuff, but you only need a little of it to solve the problem? I think
its like that. Put too much information on the table, and you just have to
sort the wheat from the chaff. Wolf seems to be saying that he just keeps
the useless information off the table in the first place. Easier to see the
clearly that way.
