Yes perception amongst white collars in and around the money trade is as such. Contemptible or not they have their right to an opinion, stodgy and in the box as it may be.

One interesting thing about investment vanity. Its much more expensive than the blue collar, down to earth, sensible research and due diligence mentality that many and most on this forum have shown.

So we win at higher multiple while they tie their pants with binder twine to fit in, and wait for the sure thing.