Cowboy Caleb the liberal arts, grown-up stuff & random mischief

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1 Comment

Posted by
Loong
21 September 2007 @ 12am

Let’s phrase it this way - assume you were making shitloads of money. Now would you waste your time writing a book / column, speaking on the seminar circuit or writing a blog teaching people how to make money? I think not - your time is more valuable than that because the opportunity cost of making money is too high.

However if the opportunity cost of making money is low, then of course you could teach other people how to make money. This is the old tried and true formula of selling books / giving seminars to other people desperate to make a quick buck themselves.

What I am trying to say is - beware of investment proffesionals. They might not have your best interests at heart. After all, have you ever seen those rich tycoons writing a tell-all guide on making money or even an investment column? Hehe …


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