Are you going to buy a public company?

and take control?

If the answer is no then applying the strategies of CNBC interviews, hedge funds, and value investors may not be healthy to your bank account.

But the opposite is not great neither by going on YouTube and watching a slickly made video on how to make a million dollars may not be healthy either.

The fabled investors tends to have an edge as they are going to take control of a company or exert influence and, if not, be surrounded by the culture and environment where you kind of get a feel for the lay of the land.

On YouTube, you have no idea what to expect.

So after me being cynical, what’s the answer?

The answer is that first:

The financial markets need your money to keep it liquid. They also know if everyone loses you won’t participate.

They have spent 100 years studying the behaviour of individual investors. And what they don’t know Google and Facebook know your consumption and personal behaviour.

So everything I am saying is leaning towards what they call ‘efficient’ market theory.

But I’m not.

If it was efficient then no one would make the gains we would be seeing.

I’m arguing that you have to play your game. Your viewpoint. Your observations.

The “consistent market theory” is how I would term my viewpoint.

Everyone will have the right viewpoint at some point, and some more than others.

The trick is money management. Showing up. And riding that bull.

And if you don’t have time, you outsource this to professionals or advisory services that you see eye to eye with.

Warren Buffett saw that with philanthropy with Bill Gates until he didn’t and while he’s “supposedly” not giving a wallop of inheritance to his kids he’s now entrusting them with his charitable giving.

You work with what you got and enjoy the proceeds.

Make it wonderful week