[brc]

I believe that all good advice comes in the form like this : a mixture of background theory, personal anecdotes of application, and a suggestion that the reader applies it to their own situation.

Specific how-to books are only good for concrete tasks like painting a wall. When it comes to life direction and investments, the variables are so numerous that specific advice is useless for most people, and so inspirational stories are much better. But for many, they just read and say 'well, I don't have 120k to invest, so the advice was no good'.

You coudl even interpret his poitn as something like : it's OK to burn money on investments as long as you can afford it, and you learn lessons and meet people along the way.