THE NUMBERS GAME
We
have all tracked numbers in an apparent aid to making a decision in our
lives. How many millions went to see the opening premier of a new
action movie? how many people tweeted about that rock stars nude photos
on the Internet? and the list goes on and on.
Well in
the investment world these types of stats can be used as well to track
visitors to certain web sites, page views and even end users of a
certain product. These figures can be generated and presented to a
general audience for their own interpretation without a promise or
guarantee of validity. You have to wonder though if true numbers can be
an adequate yard stick measurement for continued success or monetary
success in today's fast paced economy.
If I present a
number of visitors that found this article and read it does that mean
everyone did get the message and arrive at the same conclusions that I
did?I think that's a big stretch to paint the human mind so black and
white. I can go on line and find a traffic sharing site and join in so
that people are driven to this article even though they don't want to
see it. The instant they show up they may want leave but they will log
as a view and show more people looking at this on the Internet. I guess
my point of this experience is that its not realistic for tracking real
visitors and at what intellect do we put our readers to assume they will
be impressed by pure and unregulated visitors or views?
I
had to sit back though and ponder what a statistical number would do
for me if I saw an article had a high number of reads. If the number was
low then maybe I was one of the first to find the article. The numbers
don't lie but they can be viewed in so many ways that they should not be
relied on for any Internet site in my view. If I have 10,000 Facebook
likes does that make me better or more popular? I also found you can buy
Facebook likes on the Internet, that was a shocker let me tell you. If a
site believes by showing a high number of visitors to their site that
they have a greater value then there must be a monetary exchange of some
sort. The belief driven by some sites is that the more viewers the more
valuable the space on that site is for advertising.
This
gets really funny when you see sites that don't care about rogue
spammers or feeds to their site because in the end they create more
traffic. The traffic though is not always welcome and can have a rebound
effect on the true original users of the site. I think these general
beliefs on site counts and user counts paint a somewhat shallow
intellect of the sites own users. The end users are now being told to
rely on numbers to decide what site you want to see and what article you
want to read. Once you scratch the surface on driven traffic you wonder
why anyone would value this information.
I don't like
to track numbers, I don't ultimately care who reads or agrees with my
viewpoint on investing or what I have to say about the current market. I
do however enjoy sharing my views with others and enjoy the support of
my readers. I do a lot of research and strive to show the positive and
negative reasons for watching a certain company. If you enjoy what I
write please share it. If you follow my blog feel free to pass on the
web site address. As well I always welcome articles from anyone about
any company they feel worth presenting.
Next time you
see something with a traffic counter ask yourself how you feel about it
and if it adds any value. Sites like Facebook and Myspace were highly
touted through the use of user numbers that were supposed to attach a
value to the site itself. Once the company finally went public it did
not perform the way some expected and this expectation was connected to
so many others trying to fight in the same space. Did Facebook launch
too late? Will we forget sites like Facebook and follow something yet to
be introduced? The trick to success in the Internet can be finding
whats in demand before people realize they want it. If users are not
consumers then ultimately they may add no value. In the grand scheme of
things so many people go to sites repeatedly because the service is
free. Once a price is attached to that service the game changes.
By
the way, I do intend to post this on other sites and ultimately link it
back to my own. The reasons don't have anything to do with advertising
and a majority of companies I write about I have never invested in. No
the reason I like to drive readers back to me is so that they can browse
through articles from the past that I have written that express my
fight through the learning curve of the markets. We should all share our
experiences and help each other navigate the propaganda in the media
and the open forums. Gather information from a variety of sites and then
analyze it and make your decision to invest or not. With so many
instruments to choose from you may find self directed investments the
less attractive and higher risk of all the choices.
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