Random musings on Experts

Even when the experts all agree, they may well be mistaken.
Bertrand Russell,1872-1970, British Philosopher, Mathematician, Essayist

Everybody loves to use the word ‘expert’ all the time to claim they know something extra or have knowledge of the inner workings in a specific field or area. Repeat the word expert slowly and then spell it like it sounds and viola you get EX SPURT, which basically means that this expert is nothing but a spurt that never was, in other words, they are finished even before they have even begun. Isn’t it strange that most so called financial experts fall into the EX SPURT category? We use words to secretly define what we know to be true but refuse to believe or see with our open eyes. To live in an illusion is far easier than to step out and deal with reality. It’s said that reality bites, but then we could say illusions swallow. In reality, there is no such thing as an expert, because who are you measuring yourself against. Anyone can be expert if they measure themselves against the ignorant and blind. There are only advanced market students or advanced life students. We can never stop learning for when we do, senility is usually very close at hand.

The public do not know enough to be experts, but know enough to decide between them.
Samuel Butler, 1612-1680, British Poet, Satirist

Read the original story at The Tactical Investor