Sure there's always value in doing. What I believe is foolish after learning more about what the industry does is the belief that a DIY program can actually make money.
Not quite -- even if you match the market or slightly under-perform the market, it might still make sense if you achieve these results with lesser volatility and more consistent earnings. I do not necessarily want to beat a market which returns 7% on average but loses 40% every 6 years...