Numbers never lie but Liars use numbers

As my friend Chandroo says ” Numbers never lie but liars use numbers”. This is what present media does, wanting us readers to form an opinion based on what they want to write or sell – they all have a bias and they present adequate data to validate the bias. They will never report the other side that does NOT sell. Unfortunate to see us always getting opinionated just reading one side of any story.

Unfortunately, it is the same formula that works in corporate world as well – the guy or gal who presents his or her agenda and backs it up with biased data to support it usually gets to fulfill the agenda. (s)He will not expand too much on the downside but tries selling the upside. Great if it benefits, but bad if it derails the organization.

Biases always drains one’s emotion and makes one look bad as enough homework is not done to see both sides of the story. Politicians play on those emotions, stock trading relies on these emotions, not on actual data.

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