[PREV - WIDE_FIELD] [TOP]
May 6, 2008
Another problem with "how to get rich"
investment advice books:
If they knew, why would they tell you?
The ability to out-guess the market would
seem to be much more valuable than
any revenue that could be gained from a
And if the book *does* become a best-seller,
then the advice would presumably stop
working, as the market became filled with And anyway, it's
people who had been tipped off by the book. probably just as easy
to sell a book filled
with bad advice as with
good. Maybe easier.
One might consider the possibility
that all investment advice is
self-interested, an attempt at
manipulating the market.
"Of course, when there's blood in the
streets, that's just the time to buy"
That's a great line to take if you're
trying to smooth out market crashes.
[NEXT - SAN_FRANCISCO_DREAMING]