This is Trend Following Radio, where great thinking comes alive.

Nobel Prize winners, legendary traders, best-selling authors, and the pros that know what drive us irrational human beings. I am your host, Michael Covell,

not filtered, raw, honest. That's my passion. First, I'm going to play a clip from the John Stewart show.

I like John Stewart.

I like the fact that he rips CNBC in this clip.

But there's a troubling undertone to where Stewart goes in this interview.

Let me let this play, and I'll jump back in with some commentary

here and there or just after.

He's a freelance journalist. Her new book is called Pound Foolish, exposing the dark side

of the personal finance industry. Please welcome to the program. Helene Olin.

Thank you for joining us. The book is called...

The music was particularly loud.

The book is called Pound Foolish,

exposing the dark side of the personal finance industry.

And I guess my question is,

that intimates that there is a light side

to the personal finance industry.

What are your thoughts on after looking at this sort of these personal finance gurus and CNBC? What's your conclusion?

My conclusion was that we were sold all of this as a way around income stagnation and income inequality.

For 30 years, our incomes have fallen,

net worth plunged 40% between 2007 and 2010, and this entire industry of everybody from Susie Ormond

to CNBC built up saying, hey, we have the answer. We're going to help you. Often forgetting,

...