Hi folks!

I have found a sentence like this on the Internet -> Сложно ли стать профессионалом в чём-то? Да. Глупо спорить по этому поводу.

I would translate the bolded sentence like this -> It's stupid to argue about that.

Is that correct? According to my dictionary, по этому поводу simply means "about it/that". Can you confirm that?