Last Updated Jul 11, 2011 9:42 AM EDT
Sure, I know that financial experts consistently fail to pick winning stocks or time the market or long-term interest rates. And sure, I'm well aware that I don't possess any predictive skill that makes me better than those claiming to be gurus. But that doesn't mean I haven't entertained a fantasy or two of being one of the famous stock pickers you see on CNBC.
Though it might sound immodest, if I were to become a financial guru, I'd be the best. Why? Because I've studied the best, and from my observations have compiled a list of the seven things that would make me one of the most sought after financial geniuses.
Here's how I would pull ahead of the guru pack and render talking heads, like Mad Money's Jim Cramer, yesterday's news. Perhaps your guru is using some or all of these techniques to get you to believe he is smarter than the market
#1 Come across very sure of myself
Unlike the poor weather forecasters and sportscasters who have to answer for their picks almost immediately, I'll have the luxury of making my forecasts knowing that no one will remember what I actually said, and that there are no organizations that track my picks. Without accountability, I can afford to be cocky. And I'll be sure to not do anything stupid like appear on Jon Stewart's show.
Note: image from onlinecrystalball.com.
Turn the page to see how I would forecast.