Beware The Experts
I highly recommend the linked article below on how a leading psychologist who is an expert on frauds and ponzi scheme behavior lost his capital to bernie madofff. The lessons are many but the big one is that having blind faith in one opinion or person is not a good policy especially if that opinion is coming from an EXPERT in their field. A good policy is to get a few opinions, educate yourself and not bet the ranch on any one decision. I also would strongly advise you to be a bit contrarian and when everyone has the same opinion take the contrary view. Following the crowds and experts is not a successful strategy especially as it relates to business and investing. J Paul Getty often said their is no profit unless you are alone, friendless and full of anxiety when you are making your investment.
