- Dissect the information and use it to your advantage: The first and most obvious source of informational edge is to identify things of value that others have not. Organize your data in a way that is useful and helpful to you. Paying attention to the right information can provide you with a distinct edge. There is much information available about a particular stock or fund but only a few of the data points are important, critical and relevant. There may be some information which will be useful but expiring soon, some information which is useful but permanent, some irrelevant to your needs but beneficial to others. So, choose information wisely. For example - financial economists examine how new information about an industry affected companies with a single business versus conglomerates with multiple businesses. So, information can be more complex than it looks prima facie.