Test to unmask false gurus of the stock market

Fake stock market gurusIf the world of investing in the stock market has always been full of false gurus, with the expansion of the internet, the number of these so-called "great sages" has multiplied. Next, I translate a test from the blog Cassandra does Tokio that serves to unmask false gurus of the stock market, although it can also be applicable to gurus of other areas of life, since chalataneía is unfortunately very widespread.

Test to unmask false gurus of the stock market

To know if your stock market guru deserves your cult of his person, you must answer these 40 questions:

  1. Does your guru try to make you believe that he is always right?
  2. Does your guru imply that others (non-disciples) are always wrong?
  3. Is there any way out of the guru's philosophy without following that philosophy?
  4. Does the guru's group use the "language of their cult"?
  5. Do you dominate groupthink by eliminating dissenting thinking and enforcing conformity?
  6. Is the guru's advice sometimes irrational, contradicting his previous advice or principles?
  7. Does your guru's philosophy suppress mistrust?
  8. Does your guru denigrate the ideas of your competitors, schools of thought, or other gurus?
  9. Does your guru make personal attacks on his critics?
  10. Does your guru believe that those who do not follow him should change their mind?
  11. Does your guru insist that his interpretation is the only correct one?
  12. Do your guru and his disciples make you believe that following them makes you "special"?
  13. Is the philosophy of your guru an unquestionable dogma or an infallible ideology?
  14. Does your guru's philosophy have references to unquestionable authorities?
  15. Does following your guru give you a feeling of "instant community"?
  16. Is your guru inconsistent and giving mixed messages?
  17. Does your guru use personal testimonials of convert success to validate his recommendations?
  18. Is your guru narcissistic?
  19. Does your guru have ulterior motives with his recommendations?
  20. Does your guru admit when he really was wrong?
  21. Does your guru carry out deceptive recruiting or aggressive promotion?
  22. Do your guru's ideas lead you to phobias and doubting yourself inside?
  23. Are your guru and his disciples freebies with money?
  24. Were you pressured to change your beliefs to adopt the beliefs of your guru?
  25. Does your guru consider ideology and dogma of more value than experience, probability, and logic?
  26. Does your guru attribute to contrary events or unexplained some kind of mystical manipulation?
  27. Does your guru demand your faith, trust (and money)?
  28. Does your guru use clichés and slogans to avoid thinking?
  29. Does your guru use hidden promoters or propagandists in disguise?
  30. Does your guru imply that your thoughts amount to the truth?
  31. Do you use your guru double bonds?
  32. Does your guru have any kind of responsibility for his actions?
  33. Is your guru a charismatic leader?
  34. Does your guru prevent you from believing your own mind?
  35. Does your guru claim to have the panacea for market problems or all market conditions?
  36. Does your guru view the world through tinted glasses?
  37. Does your guru make you think that you will not be able to achieve his goal without his help?
  38. Does your guru use indisputable sources of information?
  39. Does your guru inflate his experience or make grandiose claims about his performance?
  40. Does your guru use all-or-nothing thinking?

After taking the test, count the number of affirmative answers. The more affirmative answers, the more chances there is that your guru is nothing more than a charlatan and does not deserve your trust.