The Importance of Good Data/Information

On August 29, 2008, Seeking Alpha published an article "False DataClobbers the Markets", by Mr. Jason Schwarz. The article is an interesting and timely one, and again points out the importance of good data in good decision making. As an engineer and a business leader, I was trained to rely on data to make my important decisions and calculations - otherwise, the end result is garbage in - garbage out (GIGO). Data review should not produce "paralysis by analysis", but should result in better investment/trading decisions.