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How Not To Get Swindled: Don't Carelessly Give Away Your Trust!

January 2, 2009

Analysis of:Con of the century | www.economist.com

This article is important because it demonstrates how easily we bestow our trust to financial advisors and money managers without performing even the most basic due diligence. The article also communicates how "confidence schemes" like Madoff's are built on non-investment factors such as exclusivity and secret investments strategies.

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