OK - let's put together the fraudster financial planner and the real financial planner. And, how is this related to cold reading?
Remember the central plan of all cold readers - questions, questions and more questions. Barrage the mark with questions until the mark gives you the information that you want. Asking question after question overloads the mark and confuses him, so much so that the mark doesn't even realize that he is giving the cold reader the answers he wants.
The cold reader masks this off as some kind of "psychic" or supernatural ability instead of what it actually is - just some basic psychology at work.
In other words, the cold reader fools the mark into giving information when he should be just admitting to the mark that this is HOW he gets his information.
A good financial planner is the same way - a good financial planner will ask questions of the client to get the information he needs. A fraudulent financial adviser will fool the mark into giving him information to show that he possesses "special" abilities.
More on this tomorrow.
Have a great and fraud free day.
http://www.tauskvega.com
---------------->>>>>>>>>>>>>>gene tausk
Remember the central plan of all cold readers - questions, questions and more questions. Barrage the mark with questions until the mark gives you the information that you want. Asking question after question overloads the mark and confuses him, so much so that the mark doesn't even realize that he is giving the cold reader the answers he wants.
The cold reader masks this off as some kind of "psychic" or supernatural ability instead of what it actually is - just some basic psychology at work.
In other words, the cold reader fools the mark into giving information when he should be just admitting to the mark that this is HOW he gets his information.
A good financial planner is the same way - a good financial planner will ask questions of the client to get the information he needs. A fraudulent financial adviser will fool the mark into giving him information to show that he possesses "special" abilities.
More on this tomorrow.
Have a great and fraud free day.
http://www.tauskvega.com
---------------->>>>>>>>>>>>>>gene tausk
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