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I don't why but I never liked the barefoot investor that much.

He has some interesting and humorous pieces in the Newspaper

IDK

Maybe I am just too cynical.

I suppose my opinion is that ones focus should be on taking yourself and your own actions,

with the supreme rule being 'caveat emptor' or buyer beware.

If you make the decision then you should stand by the consequences and you should have researched before making the decision.

Of course their is corruption and chicanery to every society and this also applies to financial markets which are derived from a societies culture, norms and laws etc.

A lot of the times the small guy gets rooked.

I have always been against these gurus, in that they seem to be making money from advice that one can learn in a first year university degree.

I suppose the gurus success is a failure of our society and education system.

I was not exposed to basic personal financial concepts until first and second year of a finance/economics degree.

I never learned about saving, discount rates, compounding, the time value of money, taxation and estate planning, superannuation, alpha, searching for the best rates on loans and savings, financial instruments, risk and volatility.

and most importantly being the devils advocate.

Mostly sport and social aspects are valued by our society and our education system reflects this.

I would have loved a personal financial unit at school....

With an ageing population strains on the country investing and personal finance is becoming more and more important.

People don't always have the time and knowledge to implement financial discipline and often rely of professionals...

I suppose an odd quote sums up my opinion, the best meal is a home cooked meal,

But we don't always have time to cook it because we are working too hard or if we are really rich can't be bothered to.

So we buy takeaway and restaurant meals

So we never learn how to cook...

in and my cooking is still not as good as my mums

yet.....

Sorry if I went too faar off tangent

cheers

Omega

<blockquote data-quote="OmegaTrader" data-source="post: 928164" data-attributes="member: 68641">I don&#039;t why but I never liked the barefoot investor that much.He has some interesting and humorous pieces in the NewspaperIDKMaybe I am just too cynical.<img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite5" alt=":confused:" title="Confused&nbsp; &nbsp; :confused:" loading="lazy" data-shortname=":confused:" />I suppose my opinion is that ones focus should be on taking yourself and your own actions,with the supreme rule being &#039;caveat emptor&#039; or buyer beware.If you make the decision then you should stand by the consequences and you should have researched before making the decision.Of course their is corruption and chicanery to every society and this also applies to financial markets which are derived from a societies culture, norms and laws etc.A lot of the times the small guy gets rooked.I have always been against these gurus, in that they seem to be making money from advice that one can learn in a first year university degree.I suppose the gurus success is a failure of our society and education system.I was not exposed to basic personal financial concepts until first and second year of&nbsp; a finance/economics degree.I never learned about saving, discount rates, compounding, the time value of money, taxation and estate planning, superannuation, alpha, searching for the best rates on loans and savings, financial instruments, risk and volatility.and most importantly being the devils advocate.Mostly sport and social aspects are valued by our society and our education system reflects this.I would have loved a personal financial unit at school....With an ageing population strains on the country investing and personal finance is becoming more and more important.People don&#039;t always have the time and knowledge to implement financial discipline and often rely of professionals...I suppose an odd quote sums up my opinion, the best meal is a home cooked meal, But we don&#039;t always have time to cook it because we are working too hard or if we are really rich can&#039;t be bothered to.So we buy takeaway and restaurant mealsSo we never learn how to cook... &nbsp;in and my cooking is still not as good as my mums <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile&nbsp; &nbsp; :)" loading="lazy" data-shortname=":)" />yet.....Sorry if I went too faar off tangentcheers Omega</blockquote>

[QUOTE="OmegaTrader, post: 928164, member: 68641"] I don't why but I never liked the barefoot investor that much. He has some interesting and humorous pieces in the Newspaper IDK Maybe I am just too cynical.:confused: [B] I suppose my opinion is that ones focus should be on taking yourself and your own actions, with the supreme rule being 'caveat emptor' or buyer beware. [/B] If you make the decision then you should stand by the consequences and you should have researched before making the decision. Of course their is corruption and chicanery to every society and this also applies to financial markets which are derived from a societies culture, norms and laws etc. A lot of the times the small guy gets rooked. [B] I have always been against these gurus, in that they seem to be making money from advice that one can learn in a first year university degree.[/B] I suppose the gurus success is a failure of our society and education system. I was not exposed to basic personal financial concepts until first and second year of a finance/economics degree. I never learned about saving, discount rates, compounding, the time value of money, taxation and estate planning, superannuation, alpha, searching for the best rates on loans and savings, financial instruments, risk and volatility. [B]and most importantly being the devils advocate.[/B] Mostly sport and social aspects are valued by our society and our education system reflects this. I would have loved a personal financial unit at school.... With an ageing population strains on the country investing and personal finance is becoming more and more important. People don't always have the time and knowledge to implement financial discipline and often rely of professionals... I suppose an odd quote sums up my opinion, [B]the best meal is a home cooked meal, [/B] [B]But we don't always have time to cook it [/B]because we are working too hard or if we are really rich can't be bothered to. So we buy takeaway and restaurant meals So we never learn how to cook... in and my cooking is still not as good as my mums :) yet..... Sorry if I went too faar off tangent cheers Omega [/QUOTE]

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