Good advice rarely changes, while markets change constantly. The temptation to pander is almost irresistible. And while people need good advice, what they want is advice that sounds good.
It was my first week on the job and it felt like a watered-down version of the conference room in the most memorable scene from the movie Boiler Room. You know, the one where Ben Affleck's hotshot character struts into the conference room full of trainees and gives his famous speech to a group of new stockbrokers by saying, “I am a millionaire. It's a weird thing to hear, right?” My situation wasn't quite so dramatic, but ...