[elmomle]

And yet I know some personal wealth managers who are just about the most noxious people I've run across--their success is entirely due to connections, they're all about minimizing how much Uncle Sam "steals" from them, and they will talk your ear off about how undocumented immigrants are freeloaders. They're the very definition of being born on third base and thinking you've hit a triple.

This isn't to say that you're incorrect about macro investing, just that there are niches in such fields in which plenty of incompetent BS peddlers flourish.

[fallingknife]

This is not a good example. If you are in the tax avoidance game you better know the rules like the back of your hand. Because if you cross the line, all the BS in the world isn't going to save you from the consequences.

[kaycebasques]

IMO Soros covers this in the sentence about social situations