I suppose that depends completely on which specific “common folk wisdom/cargo culting” you’re referring to. Without more details it’s impossible to tell.
There is certainly good information out there. There is also a lot of misinformation and outright deception designed to separate investors from their money. A meta-skill is telling the difference between them.
Makes sense. For someone who can’t tell the difference between good advice and bad advice, it is no help that both good advice and bad advice is out there. Telling them the difference is useful.
But the problem is: Why should we trust you that the selection of good advice you made is really good?
No offence meant, it’s just an observation that many people posting bad advice also believe in what they say, and believe in their ability to tell good advice from bad advice. What evidence is there that they are wrong but you are right?
Does your rational advice differ from the common folk wisdom/cargo culting on this topic? And if so, what was your research process?
I suppose that depends completely on which specific “common folk wisdom/cargo culting” you’re referring to. Without more details it’s impossible to tell.
There is certainly good information out there. There is also a lot of misinformation and outright deception designed to separate investors from their money. A meta-skill is telling the difference between them.
Makes sense. For someone who can’t tell the difference between good advice and bad advice, it is no help that both good advice and bad advice is out there. Telling them the difference is useful.
But the problem is: Why should we trust you that the selection of good advice you made is really good?
No offence meant, it’s just an observation that many people posting bad advice also believe in what they say, and believe in their ability to tell good advice from bad advice. What evidence is there that they are wrong but you are right?