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HS 241 - The Original Ponzi Scheme and How to Spot Bad Deals with Mitchell Zuckoff

HS 241 - The Original Ponzi Scheme and How to Spot Bad Deals with Mitchell Zuckoff

FromHolistic Survival Show - Economic Crisis


HS 241 - The Original Ponzi Scheme and How to Spot Bad Deals with Mitchell Zuckoff

FromHolistic Survival Show - Economic Crisis

ratings:
Length:
29 minutes
Released:
Jan 6, 2015
Format:
Podcast episode

Description

Today’s Holistic Survival Show sees author, Mitchell Zuckoff, as guest to describe how a straightforward swindle was transformed into months of notorious money-making in the hands of Charles Ponzi. We can learn a huge amount from the history and the figures, but Jason Hartman also steers the discussion into a more contemporary tone, asking Zuckoff for his advice on identifying bad deals and how to avoid getting sucked in. 
 
Key Takeaways
01.57 – Mitchell Zuckoff takes us through the past of the man who characterized Ponzi schemes. 
06.34 – Swindles have existed for centuries, but what makes a Ponzi scheme so specific?
11.57 – Strangely, there is evidence to suggest that Ponzi’s intentions weren’t even as swindling as presumed.
17.34 – The success Ponzi had in such a short time is really mind-boggling. Consider inflation as well and you can understand why he gained such notoriety. 
18.08 – It’s important that we learn from these aspects of history to not get caught up ourselves.
22.25 – Unbelievably, people are still getting caught up in scandals involving money in Nigeria. What definition of skeptical do these people live by?
27.38 – Find out more about today’s guest at www.MitchellZuckoff.com 
 
Mentioned in this episode
www.MitchellZuckoff.com
Released:
Jan 6, 2015
Format:
Podcast episode

Titles in the series (100)

Holistic Survival is about being prepared for modern survival with simple, realistic steps everyone can take to make the world a better place. It's about turning problems into possibilities. It's about stability and community and equipping, fortifying, perfecting, providing, and securing peace of mind. It's about self-reliance and personal responsibility. Who is behind The Holistic Survival Show? The name Jason Hartman has become synonymous with exposing the rigged game on Wall Street and guiding thousands of grateful investors to create wealth that lasts with income producing property investments in diverse geographical markets. More than two decades of phenomenon ally successful personal real estate success went into The Complete Solution For Real Estate Investors™, the blueprint Jason created to help people make the transition from the losing stocks, bonds, and mutual funds game to the winning property ownership game. You can learn more about Jason's company, Platinum Properties Investor Network, and his method at http://www.JasonHartman.com.