http://news.ycombinator.com/item?id=3049244
and here:
http://news.ycombinator.com/item?id=3049240
So I suggest you read the article linked to from here:
http://news.ycombinator.com/item?id=3045980
Quoting from that article:
"They approached me," he told The Telegraph. "I'm an
attention seeker. That is the main reason I speak.
That is the reason I agreed to go on the BBC. Trading
is a like a hobby. It is not a business. I am a talker.
I talk a lot. I love the whole idea of public speaking."
Sounds to me like he has no real qualifications, and I should pay just as much attention to him as other self-proclaimed experts. Whether I want to believe what he says or not, there seems to be no reason to believe he knows more than anyone else.However, you seem to want to believe him uncritically, and that's your prerogative.