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Don't Fall For It
A Short History of Financial Scams
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Check link for latest rating. ( 222 ratings, 23 reviews)
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Format: Hardback
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Don't Fall For It
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?
Book Hero Magic formatted this description to make it easier to read. While it's new and
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Description
Learn financial and business lessons from some of the biggest frauds in history
Why does financial fraud persist? History is full of sensational financial frauds and scams. Enron was forced to declare bankruptcy after allegations of massive accounting fraud, wiping out $78 billion in stock market value. Bernie Madoff, the largest individual fraudster in history, built a $65 billion Ponzi scheme that ultimately resulted in his being sentenced to 150 years in prison.
People from all walks of life have been scammed out of their money: French and British nobility looking to get rich quickly, farmers seeking a miracle cure for their health ailments, several professional athletes, and some of Hollywood’s biggest stars. No one is immune from getting deceived when money is involved. Don’t Fall For It is a fascinating look into some of the biggest financial frauds and scams ever.
This compelling book explores specific instances of financial fraud as well as some of the most successful charlatans and hucksters of all time. Sharing lessons that apply to business, money management, and investing, author Ben Carlson answers questions such as: Why do even the most intelligent among us get taken advantage of in financial scams? What makes fraudsters successful? Why is it often harder to stay rich than to get rich? Each chapter examines different frauds, perpetrators, or victims of scams. These real-life stories include anecdotes about how these frauds were carried out and discussions of what can be learned from these events.
This engaging book:
- Explores the business and financial lessons drawn from some of history’s biggest frauds
- Describes the conditions under which fraud tends to work best
- Explains how people can avoid being scammed out of their money
- Suggests practical steps to reduce financial fraud in the future
Don’t Fall For It: A Short History of Financial Scams is filled with engrossing real-life stories and valuable insights, written for finance professionals, investors, and general interest readers alike.
Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?
Don't Fall For It by Ben Carlson offers insightful perspectives on the psychology of money and investment mistakes. Critics appreciate the book's engaging storytelling and practical advice, making complex financial concepts accessible to everyday readers. Its emphasis on historical financial blunders serves as a cautionary tale, helping investors make informed decisions.
Book Details
INFORMATION
ISBN: 9781119605164
Publisher: John Wiley & Sons Inc
Format: Hardback
Date Published: 03 February 2020
Country: United States
Imprint: John Wiley & Sons Inc
Audience: General / adult
DIMENSIONS
Spine width: 23.0mm
Width: 152.0mm
Height: 229.0mm
Weight: 363g
Pages: 192
About the Author
BEN CARLSON is the Director of Institutional Asset Management at Ritholtz Wealth Management. He has spent his career helping various nonprofit, institutional, and high-net-worth clients plan and invest their money wisely. Ben is the creator of a popular financial blog and podcast and is the author of several books including A Wealth of Common Sense: Why Simplicity Trumps Complexity in Any Investment Plan and Organizational Alpha: How to Add Value in Institutional Asset Management.
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