mjkst27 Posted December 28, 2002 Report Share Posted December 28, 2002 "Since there is apparently no market mechanism that weeds out exponents of faulty economic and financial advice, the best the public can do is to be warned. The public should recognize that the experts they hear on television and radio, or see quoted in the newspapers, or who give them financial advice directly on managing their 401(k)s often have no idea what they are talking about. In many cases, the public would be better served reading horoscopes or the sports section to inform their investment decisions rather than listening to these ?experts.? In short, being an expert in this area pays very well and does not seem to require much in the way of performance?nice work, if you can get it. " Dean Baker is evidently a Stoolie Link to comment Share on other sites More sharing options...
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