Monday, 10 April 2017

Be sceptical about expert advice

Experts will probably give you good advice, but do not overlook the possibility that they may be mistaken.

  • For centuries, experts said that the world was flat, but Christopher Columbus proved them wrong.
  • Experts (who were paid a lot of money) or some of them at least, failed to foresee and plan for the economic mess that has plaqued much of the world in 2008/2009.
You may not be a financial expert but you are probably an expert at your particular job.  If the advice feels wrong, perhaps it is wrong.

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