Exactly!!

From Barry Ritholz at the Big Picture blog:
"I spoke at a conference recently at a major bulge bracket firm. A friend introduced me to a bond manager who runs an enormous amount of money.
He is not the typical manager. He said one of the most amusing things I’ve ever heard:
“Isn’t it funny when you walk into a investment firm, and you see all of the financial advisors watching CNBC — that gives me the same feeling of confidence I would have if I walked into the Mayo-clinic or Sloan Kettering and all the medical were watching General Hospital…”
-Senior portfolio manager, UBS"

TW: I would add also analogous to a voter who watches Fox News all day and then tries to make an informed decision.