Of everything that has happened since the Facebook IPO last Friday the second most important lesson to be learned is there is no such thing as a sure thing. The most important lesson is to do your own homework. Yes, Facebook could be $80.00 a share right now and I would have had to eat my words even though it still would have been wrong mathematically speaking. However, it is important to note that no one really knows what’s going to happen in the market. Even those people closest to the inside have been shocked by the developments of the past three trading sessions. I do not make my living trading stocks but I have been in the market off and on since the 1970s. I have seen highs and lows, great highs and crashes like the one in 1987 when the market dropped over 500 points and swallowed up over 20% of the total market value. I learned then no one cares more about my money than I. When the Bernie Madoff scandal came to light there were people who were actually shocked because the naive investors who took no interest in their own money, thought that a man could guarantee 8%-10% returns every year despite fluctuations in the markets. What comes to mind here is, “A fool and his money are soon parted”. The stock markets and other commodities trading is not a science. Even the so-called experts are not experts. Afterall, I don’t know any billionaire traders/financial advisors. In fact, if you think about it, if these so-called experts had all of the answers, why would they be giving advice at all? Why would they not invest their own money for themselves, get rich and buy an island? Investing is no different from any other area that requires time and effort. I recently said this a financial advisor that I know well and he was not happy at my question/comment. His silence spoke volumes. Remember, No one cares more about your money, than you!