I am getting a little tired of seeing people (usually in their late 50s or early 60s) going on television and saying that they lost all their money investing with Madoff. Really? They gave all their money to an uninsured fund with no decent financials to look at, based on the say-so of some friend or something? I mean, they were swindled to be sure, but it is tempting to ask if this is not just a case of "a fool and his money are soon parted." I know this will start a firestorm here, but I just felt I had to blog about it. I am reduced to platitudes. Don't put all your eggs in one basket. Don't risk what you can't afford to lose. If it's too good to be true, it probably is. I am sorry these investors lost a great deal of money, but those who lost all their savings and retirement really have to blame themselves also.