I've been reading an investor education book published by People's Bank of China, the nation's central bank. It is like a finance knowledge ABC book, not very hard but a bit interesting. I brought it from Beijing to Hong Kong, and read it just for leisure. The book's purpose is to let the common people understand the financial market better.
I remember both Premier Wen Jiabao and central bank governor Zhou Xiaochuan said publicly that they hope investors, especiall retail investors, could be much more educated. They should understand the risks in the capital market and be cautious in putting money in.
Speaking of this, I remember when I talked to a Beijing friend who is a fun in buying stocks and funs. If he, or his wife, or his parents, has some extra money, he will be more than happy to buy stocks, or funds, or even properties. He told me: "trust the government, it is more powerful than you could imagine."
If investors all act like him, why they would be bother to be educated????