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There's a (possibly apocryphal) story [1] that Joe Kennedy got out of the stock market just before it crashed when a shoeshine boy gave him investment advice, w
by michaelt 4y ago
There's a (possibly apocryphal) story [1] that Joe Kennedy got out of the stock market just before it crashed when a shoeshine boy gave him investment advice, which he saw as a sign of a bubble about to burst.
0xbadc0de5 revists this classic story, with a home improvement contractor replacing the shoeshine boy.
[1] https://www.sfgate.com/news/article/BUSINESS-INSIDER-The-Mailbag-That-Quote-2804663.php https://www.sfgate.com/news/article/BUSINESS-INSIDER-The-Mai...
- yuuu 4y agoThe question was mostly rhetorical, intending to point out that getting investment advice from a home improvement contractor is no different than getting investment advice from a software developer on Hacker News. There was an implication that, since a home improvement contractor works with his hands, he's as stupid as a shoeshine boy.