In his book, “The End of Wisdom: Why Most Advice is Useless,” Smiley makes a number of important points. However, the most important point he makes is that most advice is useless because it does not take into account the specific circumstances of the person receiving the advice. The best advice is tailored to the individual and their specific situation.
Smiley argues that the vast majority of advice is generalizations that do not take into account the unique circumstances of the person receiving the advice. He gives the example of financial advice, which often advises people to save money and invest wisely. However, this advice does not take into account the fact that some people do not have any money to save or invest. As a result, it is useless to them.
While Smiley’s argument has merit, there are still some instances where general advice can be useful. For example, if someone is considering getting a degree in engineering, it would be useful for them to know that there is a high demand for engineers and that they are likely to get a good job after graduation. However, this advice would not be as useful to someone who is considering getting a degree in history, as there are fewer jobs available for historians.
In conclusion, Smiley’s argument that most advice is useless is convincing. The best advice is specific to the individual and their unique circumstances. Generalizations are often not helpful because they do not take into account all of the factors that go into making a decision. When giving or seeking advice, it is important to keep this in mind.
Originally published at http://theschoolofpoker.com on October 14, 2022.