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Solid information is necessary, but insufficient. We also need to present that information in ways that are inspiring and accessible. That’s where stories come in.

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Can the difficulty of an exam be measured by how many bits of information a student would need to pass it? This may not be so absurd in the encyclopedic subjects but in mathematics it doesn’t make any sense since things follow from each other and, in principle, whoever knows the bases knows everything. All of the results of a mathematical theorem are in the axioms of mathematics in embryonic form, aren’t they?

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If you have information that a company is not as good as its stock market valuation, you don’t have a way to sell that stock unless you already own it. And so that information doesn’t get incorporated in the company’s stock price as fast if you don’t allow short selling.

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Martha Stewart denied allegations that she had been given inside information to sell 4,000 shares of a stock in a biotech firm. Stewart then showed her audience how to make a festive, quick-burning yule log out of freshly-shredded financial documents.

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Nothing happens quite by chance. It’s a question of accretion of information and experience … it’s just chance that I happened to be here at this particular time when there was available and at my disposal the great experience of all the investigators who plodded along for a number of years.

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I am on sort of a diet in terms of the Internet. It’s the sheer quantity. It’s the Niagara of opinion, of information. It’s not that I have any kind of compassion fatigue. I just insist on having a life.

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There are volumes and libraries of information in our minds and we are continually weighing information. We hear new things, we compare it with things we’ve heard before, and we take from it what we feel is pertinent and throw away what we feel isn’t necessary.

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It is true that advertising often gives information and is valuable for doing so, but some forms of advertising give precious little information, and even that little is wrong.