"Anybody can manage given complete information. A good manager can
manage with incomplete information. A perfect manager can operate in
We don't have complete information. We have to manage with
incomplete information; to do this we make guesses about the
incomplete information, we allow safety margins, we hedge our bets,
and we use a variety of other strategies. All of these are things
that the media can't really control.
If the media feed us false information, we can learn from experience
not to trust the media; then controlling the media has less value.
If we are truly intelligent we will examine the media, find out what
the media wish us to believe, and use the fact "the media wish us to
believe xxx" as information in our management of our lives -- whether
we actually believe xxx or not.
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