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15min chapter
The Fraudster's Guide to Magic Money
Cautionary Tales with Tim Harford
Unraveling the Psychology of Ponzi Schemes
Exploring the historical fascination with Ponzi schemes, this chapter delves into the intelligence of schemers and the gullibility of their victims. From Charles Ponzi to Bernie Madoff, the discussion dissects the mechanics of these fraudulent schemes, drawing parallels to market bubbles and genuine investments like Amazon.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode