Now, now lets not get overexcited Sunil, the whole financial industry is based on the 'Referral Paradox' where people are used to being told by experts.All the MBAs,CFAs, Financial Analysis, Research is nothing but glorfied tips so we cant just complain about the clueless noob retail investors/traders.Lets face it, tips sell.If I tell someone to stick with me for a year while I teach them to trade barely making money for the first few months how many guys will sign up? Now change the scenario with a glorified ad like Rajeev Mundra does with a One-Day Seminar + Tips for instant money making and then see how many guys will sign up. After all, its again about supply demand than anything else, what is in demand will have more availability.
Another thing is, all this shouldnt bother you.I prefer people in the markets being misguided than to ask smart questions because many smart people will make it much harder than it already is.
And lets not forget what Sebastian Franck once said 'the world loves to be deceived'. Its better that way