Saturday, January 9, 2010

Experts

Kia Ora,

As one Mentor says "be your own expert". That doesn't mean you have to know everything but you have to have an understanding so that no one can pull the wool over your eyes.

Having faith in that the 'experts' know what they are doing all the time has cost me well over $100,000. Though in these mistakes they have helped me understand things.

At the same time if you know more than your experts then you are in trouble. As Henry Ford once said during a court case over a claim he was stupid "If I want answers to these stupid questions which take me away from my main task of creating business then I only have to press a button to have someone answer it for me" or words to that effect.

People only get degrees to work for the people without them in reality. In fact the modern education system is the new slavery. Job actually means Just Over Broke.

Probably the other issue with so called 'experts' is many are just salespeople. The likes of financial advisor's & bankers these days do not actually understand what a real asset is or that the advice they are giving is only giving people's money to the rich.

Probably biggest lesson I have learnt is to try & control my emotions when dealing with these people, because there are lessons to be learnt from their mistakes & my mistakes & if my emotions get on top of me, I might end up better off, but could of being even better off had I used the lesson to my advantage.

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