Spot-on article, especially point #3. I can't imagine how many people have been burned by following his advice on a day to day basis. Haphazard investors turn a blind eye to the disclaimer at the start of the show the same way a gambling addict would to an addiction hotline.
Also, one nitpick grammatical thing to note:
"This gives investors the wrong idea, as it has been showN that the thoughts of Wall Street..."