When you have a question or a piece of information, ask yourself two questions:
1. Is it important?
2. Is it knowable?
Is it important?
If it's not important, no matter whether it's knowable or not, it won't make a difference. Ignore the unimportant.
Celebrity gossip news and magazines are a waste of society's resources. They ask questions and provide information that are unimportant for everyone except (perhaps) their family, friend, or physician. "Is [celebrity] anorexic?" or "[Celebrity] checked into rehab." They are not important. Ignore them.
Is it knowable?
If it's unknowable, no matter how important they are, it doesn't matter. Ignore the unknowable.
"Where is the economy and interest rates heading?": If you're investing, it is important but unknowable. Some may try to provide information and predict the economy, but history has shown that those information are as good as useless. Don't concern yourself with the unknowable.
The important and knowable
There are enough things that are knowable and important in this world. Focus on them and forget everything else.
References:
Important and knowable
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