I can't help but noticing, lately more than ever, how little hard OPINION one can get out of the brokers, analysts, gurus and pundits. Jeez, it's just an opinion, and you can't even get them to commit on that.
Like last night on LR's 1999 Money Guide (or something like that), one guy was saying that he wouldn't put all of his money in some fund they were talking about, but then he wouldn't put none in either. Now there's some advice you can act on.
I think they have read the same books on "cold reading" that "psychics" read. Say enough vague things, things that people have in common, keep hunting and guessing, alternate between both sides of an argument, and people will go away thinking you told them something. Next time you listen to CNBC all day, really listen, and see how much real "educated" advice you end up with. |
