It's easy to become a financial guru.
Look at the vast number of available books by experts; questionable
analysts and costly advisers. Keep this in mind whenever you get
gratuitous advice, or see or hear a financial ad, giving one
salesman’s opinion for investing.
Sometimes advice may be in the form
of a public relations release. Or you get a suggestion about how to
find the next hot stock, or how to outwit inflation with risky
alternatives.
You
must also overlook the conflicts of interest if the commentators who
rely on advertising and face a decision about criticizing would-be or
current sponsors.
Too
much advice from gurus are thus tainted. (See the Earl J. Weinreb
NewsHole® comments.)
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