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Encore - Why we get conned and how to avoid it, with Daniel Simons, PhD, and Christopher Chabris, PhD

Speaking of Psychology

CHAPTER

Navigating the Allure of Too Good to Be True Offers

This chapter explores the psychological mechanisms that make individuals vulnerable to scams promising unrealistic returns. By examining notorious cases like Bernie Madoff's Ponzi scheme, it emphasizes the need for skepticism and critical thinking when evaluating seemingly attractive offers.

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