I very much agree with your first paragraph. But then to say you could just simply invest in "in any Stanford/Berkeley/MIT person who walked through your doors, it was impossible to end up in the red." is the kind of non-reflective and overly simplistic thinking you are criticizing.

Being a good investor takes skill. The vast majority of people who come from these schools couldn't get funded, and most still fail.

The majority of investors even in this boom also failed.

My meta point is that we seem to be losing nuance on both sides, and that is coming through on many of the messages here.