I had an interesting conversation with one of my students yesterday. I work part-time as a lecturer (completely outside of the financial sector) and often have groups with whom I talk outside of class over lunch or the like.

The student in question was just 20 and absolutely convinced follower of Dirk Müller, Max Otte, Florian Homm and Co. and not invested in the fund so often criticized here, but in their theses. He had bought the books and was so clearly convinced in conversation with me that "something big is coming", that they see things that everyone else doesn't see, etc.

I found that somehow frightening, simply because a person in his most malleable time was so strongly influenced by things that he steered his personal savings in those directions. Müller, Otte and Co are, after all, controversial at best. Many things that are said there are for me simply marketing and shock tactics.

I don't have the necessary expertise about the markets to "counter" that, so for now I just nodded and listened carefully. But I would still like to offer at least an alternative view.

Is there literature (he seems to like books) that offers decent counterpoints to this? It would be mMn only right to show him there that there are also still other opinions.