myICLUB Blog

 

Doug Gerlach on What’s Wrong with Wall Street Wisdom?

7/21/2026

AAII's John Bajkowski and Doug Gerlach challenge the conventional advice that Wall Street loves to repeat. 

What if everything Wall Street taught you about investing was designed to make someone else rich ... as you’re left sitting on the sidelines? Join us at our upcoming webinar to find out which of the “rules” you’ve been following are actually working against your portfolio. 

Why Attend? 

The American Association of Individual Investors (AAII) and BetterInvesting invite you to a joint webinar continuing our shared mission to empower individual investors. In our upcoming webinar, “What’s Wrong With Wall Street Wisdom?,” John Bajkowski of AAII and Doug Gerlach of BetterInvesting team up to challenge the conventional advice that Wall Street loves to repeat. They’ll dig into why so many familiar sayings like “buy the rumor, sell the news,” “don’t fight the Fed” and “never catch a falling knife” aren’t really designed with your best interests in mind, and who actually benefits when investors follow them.  

They’ll also take a hard look at the “expert opinion” industry, from sell-side analyst conflicts of interest to the difference between skill and luck in stock picking, and why media hype and hot stock tips are usually more entertainment than insight.  

When? 

Join us on Tuesday, July 28, 2026, at 7:30 p.m. Central Time / 8:30 p.m. Eastern Time / 6:30 p.m. Mountain Time / 5:30 p.m. Pacific Time for this free educational presentation.

What You’ll Learn

  • Why actively managed funds and complex products often cost you more than they’re worth.
  • Why market timing and frequent trading usually hurt returns, not help them.
  • How to spot conflicts of interest behind “expert” stock tips and media hype.
  • Practical tools and habits for disciplined, long-term investing success.

You will have access to all upcoming sessions:

  • Tue, Jul 28, 2026 8:30 PM - 9:30 PM EDT
  • Tue, Sep 22, 2026 8:30 PM - 9:30 PM EDT
  • Tue, Nov 24, 2026 8:30 PM - 9:30 PM EDT

REGISTER HERE.