From Nate Silver to government officials to private enterprise CEOs -- everyone loves their data -- but what about the data you don't have? The data one has is limited and incomplete in most situations. If you have the time and other resources, you can try to obtain some (because you will never have "perfect information") of the "missing" data, or proceed with the knowledge that your data is incomplete and may be leading you into making an error in judgment, decision or policy -- therefore always ask, "what data are we missing?" The sad truth is often you don't even know what you don't know.
Why Founders Fail: The Product CEO Paradox | TechCrunch: "Make people consider the data they don’t have. In today’s world, product teams have access to an unprecedented set of data on the products that they’ve built. Left to themselves, they will optimize the product around the data they have. But what of the data they don’t have? What about the products and features that need to be built that the customers can’t imagine? Who will make that a priority? The CEO."
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