“Much bad advice is given free.”

Those words were written by Benjamin Graham, a man who had a front row seat to observe the great stock market crash of 1929.

In our industry, we have been spending a lot of time and attention on free advice.

For more than a decade now, discourse in our world has been dominated by questionable, anonymous, online forum threads, and ephemeral musings on social media.

Where has this gotten us? Anywhere good?

I’m not so sure. Something worth thinking about.

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