It isn’t only local to Australians:

The Reverse Cramer Index was a fund which did the exact-opposite of what a TV “guru” was telling people to do.

Notice that its returns, before it shut down, were in the green:

https://finance.yahoo.com/quote/SJIM/performance/?guccounter=1

You can’t harvest the money of the mislead-sheep unless you’re misleading them & fleecing them efficiently, right?

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