A crooked stockbroker sends newsletters to 1000 people; half the newsletters say stock A will go up, half say it goes down. Stock A goes down. He sends 500 new newsletters to the people who got a correct prediction about stock A; half of the new newsletters say stock B is going up, half say it's going down. He then sends 250 more newsletters... etc. Eventually there's a handful of people who've gotten eight straight correct picks from him, and those suckers invest their life savings. Has this scam ever been carried out in real life, or is it just a story? [more inside]
posted by escabeche on May 25, 2012 - 18 answers

If the American and world economy truly implodes, where is the safest place to have one's money and why?
posted by mintchip on Jul 6, 2011 - 19 answers

What's the safest possible thing that I can do with my money? [more inside]
posted by Afroblanco on Mar 20, 2008 - 28 answers

I am looking for books, Web sites and other resources that provide a list of cause-effect relationships for investors. [more inside]
posted by tomwheeler on Sep 17, 2007 - 4 answers