Is It Real-Time?

Everyone loves real-time data, but fresh doesn’t always mean useful, at least not on its own. If you check stock prices every five minutes, you’ll see wild swings but that doesn’t help with long term investing?

The same goes for business decisions. Looking at today’s numbers without historical background can make small blips seem like huge trends. Sometimes, older, well analyzed data is far more valuable than whatever just updated on your dashboard.

You have to be smart about it. Don’t get distracted by the newest number but rather focus on the bigger picture together with the latest info.