Making Money When the Market is Mistaken!

Part 1.) I did my program review on a one-hour show I watched straight through. It was called, "Making Money when the Market is Mistaken." The lead man basically running the show was Conrad De Aenlle. He is also a writer for the New York Times and is an expert on making money. The show was basically on Stocks and how J.P. Morgan runs their company.
Now nobody has ever gone broke by thinking others where stupid. There are many managers that work for J.P. Morgan and many of them agree that there is good money to be made underestimating others ability to get the job done right. Now what does that mean? Sounds wrong to me, I was taught to never underestimate others. Now during the entire show they would focus in on this point and try to prove that J.P. Morgan could and would make me money off others mistakes. The funds in most companies are run according to principles of behavioral finance, which means they are run according to behavior......

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