The comment was ill-informed. You should wear it a third of the way down your tie. Which it sounds like you did.
Alternatively, don't wear one. They're a little tacky, but I appreciate necessary from time to time - e.g. if you have some ties that are too short to tuck when tied in the knot you want, or on a windy day.
If the neck is button number one, wearing it around the third button is indeed really high, that advice is probably not at all misplaced.
I wear mine right about at the solar plexus, and that's where I see most people wearing them. That comes in a bit below the 4th button for me, or about halfway between 4 and 5, depending on the shirt. If you're wearing it much higher than that, it looks like you're just trying to add bling, and the higher you go, the less practical effect you get anyway. Those little clip microphones for TV are the only thing that belongs that high up on a tie.