Dunning-Kruger applied to Dunning-Kruger, research on happiness, and type safety: http://danluu.com/dunning-kruger/
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I have got a lot of value out of stable tech that is useful in many projects, e.g. the Unix sockets API. There is also clearly value in short-lived tech if you jump on the train at the right time *and* remember to jump off. Niche stuff is much trickier.
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I bet long-lived niche expertise like designing high-frequency analog circuits is very lucrative. So career advice needs to distinguish between skills like that and skills like COBOL.
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