
Bonus: The fraudster's guide to magic money with Tim Harford
Unhedged
Avoid Ponzi Logic in Investing
Using momentum and fear of missing out in investing can lead to following Ponzi logic, where one believes someone will come along to buy at a higher price, leading to regret and leaving someone else with the repercussions.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.