Signals and Noise (Part 4)

We’ve talked about cutting down on noise. But how about boosting the signal?

The past few days we’ve discussed the signal-to-noise ratio as a way to understand why we get so distracted. It’s the ratio of meaningful information to irrelevant data. It’s the ability to hear a radio-station’s programming above the static background.

And there’s a lot of noise in our lives—diversions that make it hard to hear what’s important. So one way to enhance the ratio is to reduce the noise, by having a quiet space or using un-networked computers. But the other way to improve things is to amplify the signal.

You can do this with a time-budget; you can do this with a checklist, to identify your priorities—listing your P1s, 2s, and 3s. Some weeks there’s only one P1 on the list. And you can boost your signal with a schedule, where you plan your work to make sure the P1s get done.

If we don’t focus our energies, we’ll drown in clatter and clutter. The main thing in life is to keep the main thing the main thing. Listing out priorities and planning our time is a good way to make this happen

Douglas R. Tengdin, CFA

Chief Investment Officer

By | 2017-07-17T12:34:17+00:00 June 5th, 2014|Global Market Update|0 Comments

About the Author:

Mr. Tengdin is the Chief Investment Officer at Charter Trust Company and author of “The Global Market Update”. The audio version of each post can be heard on radio stations throughout New England every weekday. Mr. Tengdin graduated from Dartmouth College, Magna Cum Laude. He received his Master of Arts from Trinity Divinity School, Magna Cum Laude and received his Chartered Financial Analyst (CFA) designation in 1992. Mr. Tengdin has been managing investment portfolios for over 30 years, working for Bank of Boston, State Street Global Advisors, Citibank – Tunisia, and Banknorth Group. Throughout his career, Mr. Tengdin has emphasized helping clients manage their financial risks in difficult environments where they can profit from investing in diverse assets in diverse settings. - Leave a comment if you have any questions—I read them all! - And Follow me on Twitter @GlobalMarketUpd

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