Forwarded: "High-value information is characterized by high bandwidth requirements. High-value information typically possesses several characteristics: high abstraction, multivariate correlation, nonlinear causality, and strong time-delayed feedback. What do these characteristics mean? They demand extremely high cognitive bandwidth. If a person's thinking remains stuck on: single causality, immediate feedback, right/wrong judgment, and emotion-driven approaches, then this type of information will result in one of three things upon entering the system: (1) being simplified into feel-good platitudes; (2) being misinterpreted as conspiracy theories; (3) being directly judged as nonsense." One inference is that information with "single causality and immediate feedback" has little value from a trading perspective because many others will operate according to this logic.