Do you think people who invested in Madoff should be mad at themselves for not managing their own money?

They trusted someone else with their money instead of learning to manage their own and he lost it all.|||You need to remember that some of the smartest money managers on the street were taken in by him. There was some greed on the part of some but for the most part Madoff is the new posterboy of con-artist. I'd give him 90 percent of the blame but perhaps not all. Your question has validity.|||They also trusted the SEC, which Madoff circumvented.|||The SEC is 'supposed' to regulate and investigate. Madoff was brought to their attention several times. Its 50/50.|||Who has that kind of time? If you eat a bad meal and get sick is it your fault for not growing your own food?|||You mean kinda like the federal government is doing now with our money ?|||diversity in investing is a basic tenant