Our problem tends to be thinking we are smarter than other people

Beautifully said Jerry. Too many youtubers telling their viewers to buy this ICO or that ICO without any research whatsoever. Too many people thinking each and every ICO will make them rich....or thinking because they missed the Ethereum ICO, they will "catch up" with EOS.

Another example: I was reading some posts by Steemit authors recommending Synereo just this week. Or putting Synereo in their top 5 list. I asked them a simple question, "Have you tried the Synereo product that just launched?" Every answer I got was "not yet". People do no research, but just think they are smarter than everyone else. They'll be right eventually if they keep guessing!