Are people who buy wealth creation systems stupid?

Did you see the BBC 2 programme on the wealth management industry last Tuesday.
I was fascinated at how many people rely on this type of development programme and spend thousands of pounds on the basis of a “taster session” in a hall with two or three hundred other people.

Would it be more sensible to spend the same amount of money bringing together a team of experts and seeking their advice by interviewing them, taking up references and undertaking some sort of assessment of worth before buying.

Is it greed, is it laziness, is it the times we are in
and who’s making the money?
or
am I missing the point?

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