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JohnB23 · 03-27-2007, 06:53 AM

I've had some experience with it.

I'm 28, and in the late 90's, got interested in stocks and trading through Wade Cook. I didn't know much about the market at the time, and Cook was a huge personality, he had a huge training business (selling pagers, seminars, online trading info)and wrote some books that were on the best seller list.

Looking back on it, it was a very shaky trading foundation. I'm glad I didn't go much farther with it.

I enjoyed Trumps book "Art of the Deal" and Richard Branson's biography, "Losing My Virginity", but these packaged "make money" seminars lead people down the wrong road IMO.

Say in the last 10 years, the top infomercial guys that I can think of...

Don Lapre
Kevin Trudeau
Kiyosaki
William McCorkle (he went to jail)

If you google these guys, you see complaints, controversy, all kinds of stuff.

I agree, a system alone won't make you money. But alot of business success comes down to confidence, and if you've been burned by some opportunities, you won't have the confidence that you could have.

I wonder how many people have given up on their dreams of business and investing because they've gotten ripped off or burned in the past (or not know who to trust).

03-27-2007, 06:53 AM	#8 (permalink)
JohnB23 Junior Member Join Date: Mar 2007 Posts: 28	I've had some experience with it. I'm 28, and in the late 90's, got interested in stocks and trading through Wade Cook. I didn't know much about the market at the time, and Cook was a huge personality, he had a huge training business (selling pagers, seminars, online trading info)and wrote some books that were on the best seller list. Looking back on it, it was a very shaky trading foundation. I'm glad I didn't go much farther with it. I enjoyed Trumps book "Art of the Deal" and Richard Branson's biography, "Losing My Virginity", but these packaged "make money" seminars lead people down the wrong road IMO. Say in the last 10 years, the top infomercial guys that I can think of... Don Lapre Kevin Trudeau Kiyosaki William McCorkle (he went to jail) If you google these guys, you see complaints, controversy, all kinds of stuff. I agree, a system alone won't make you money. But alot of business success comes down to confidence, and if you've been burned by some opportunities, you won't have the confidence that you could have. I wonder how many people have given up on their dreams of business and investing because they've gotten ripped off or burned in the past (or not know who to trust).