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Old March 18, 2003, 02:46 PM
Adam
 
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Default Re: The REAL Robert G. Allen

> Adam -

> I'm *not* bashing Reed's arguments.

Okay, you're saying that he bashes others to sell his products. I don't see him bashing anyone to sell his products. But in suggesting that he does, it seems like you're bashing him. Guess it's a matter of perspective, huh?

> I care. I think it's wrong for him to sit
> there appearing as some self-acclaimed,

>>Why is he self-acclaimed? The guy is Harvard educated and he's worked in the RE industry. He isn't self-acclaimed. He's posting on his own web site. It's not like he's posting his opinions on someone else's web site.

> self-righteous bag of wind

>> Rick, you're bashing again.

>spouting how bad
> everyone else is

>> Now you're bashing and distorting.

>when the truth of the
> matter is, it appears he really wants to
> sell his own material.

>> Yes, he wants to sell his own material. He doesn't hide this. It's a commercial web site. He points out misinformation and then says "Buy this, instead... it's better. Or, don't buy my stuff, but buy one of these other guy's stuff (the recommended gurus). I don't see anything wrong with this. What IS wrong is when gurus paint a rosey picture of investing and fail to adequately cover the risks and potential pitfalls.

>For me, it comes
> under the heading of something I learned in
> grammar school. "Don't tear others down
> just to make yourself look good."

>>Not for me. For me it comes down to: Don't sit quiet and watch while others sell potentially dangerous information to your market.

>Now
> maybe, in reality, Reed is a nice guy but he
> doesn't come off looking that way to me.

>>I guess it's just a matter of perception. To me, he's an old-style investor but with good intentions.

> I have found *nothing* in either one of
> their teachings that indicate they are *not*
> on the up and up. When they started they
> were pretty much the only games in town.

>>This isn't true. (Please see next post).

> Believe me, I think the price of the
> information from most of these guys is
> *waaaaay* too high. But we (me included) are
> still buying it. This stuff (real estate
> investing, info marketing, etc.) must be
> selling like hot cakes because they keep
> coming out with more of it.

>>Just because it's selling like hotcakes doesn't mean it makes for a wise investment. William J. McCorkle sold a lot of crap, too.

Please see next post.
> Being an info junkie myself, (Ask Gordon.
> He's seen my bookshelves. (g) ), I'd be more
> than happy to hear about other players
> offering better products at cheaper prices.
> I'm serious. I know who most (if not all) of
> the RE info marketers are but I would be
> interested to see which ones you know about
> in case I missed some. For one, I think Pete
> Egeler has an interesting idea with FSBOs
> and I'd like to learn more about it.

> I disagree with you on this one. While
> LeGrand does get plenty of newbies into his
> pipeline, I know of *many* full time RE
> investors who are doing quite well who own
> everything he produces, have gone to every
> one of his seminars, etc. He has a number of
> items that go *well* beyond the newbie
> level. And as you can well imagine, the cost
> of this goes into the *tens of thousands*.
> Is someone taken advantage of if they buy
> the material, put it to work, and profit
> from it? Not IMO.

> On a different note, I took a look at your
> RE site. I liked what I saw. Just out of
> curiosity, if you wouldn't mind telling me,
> which RE "guru" (so to speak)
> was/is your mentor?

> Rick Smith, "The Net Guerrilla"
 


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