"[The book] gives readers a secure plan for fraud–proof investing, worthwhile for novices and sophisticated financiers alike . . . highly illuminating and confidence–building for anyone with a bank account."
Did you know that nearly every financial scam, including Bernard Madoff′s $65 billion Ponzi scheme, could have easily been avoided? Ken Fisher does, and now, in How to Smell a Rat, he arms you with five simple signs that can alert you to possible scams and help insulate you against financial fraud.
How to Smell a Rat is an informative look at recent and historic examples of fraudsters, how they operated, and how their scams could have been avoided. Page by page, this reliable resource highlights various features of potential fraud and provides you with an insider′s view of how to spot financial disasters before you become a part of them.
Most investment scams can be easily detected and more easily avoided. While Bernard Madoff may be a criminal, the greater crime is that investors continue to be swindled for no reason. Pick up How to Smell a Rat, and learn how to protect yourself as best you can from financial fraud.
Chapter 1: Good Fences Make Good Neighbors.
Chapter 2: Too Good to Be True Usually Is.
Chapter 3: Don’t Be Blinded by Flashy Tactics.
Chapter 4: Exclusivity, Marble, and Other Things That Don′t Matter.
Chapter 5: Due Diligence Is Your Job, No One Else′s.
Chapter 6: A Financial Fraud–Free Future.
Appendix A: Asset Allocation—Risk & Reward.
Appendix B: Same But Different—Accounting Fraud.
Appendix C: Minds That Made the Market.
About the Authors.
LARA HOFFMANS is a content manager at Fisher Investments, a contributing editor to Fisher Investments MarketMinder, and coauthor of the bestsellers The Only Three Questions That Count and The Ten Roads to Riches.