Let's wind up our discussion regarding cold reading and fraudulent financial advisors.
I stated at the beginning of this thread that we would discuss how the lack of critical thinking often works with fraud. The specific example I gave, or have been using, is that there is a link between fraudulent financial advisers (at least some of them anyway) and the technique of cold reading. Financial advisers, by their very definition, intend to take your money from you. The only difference between a real financial adviser and a fraudulent one is that a real financial adviser will look out for your best interests while a fraudulent financial adviser will look out for his best interests.
A real financial adviser welcomes questions from his clients regarding his investments because he has nothing to hide and wants to share information with his clients. A fraudulent financial adviser will try to discourage or deflect questions from his clients because he wants to hide information from his clients and hide behind a smokescreen.
"Cold reading" techniques let the fraudulent financial adviser hide behind such a smokescreen.
Have a great and fraud free day.
http://www.tauskvega.com
--------------->>>>>>>>>>>>>>>gene tausk
I stated at the beginning of this thread that we would discuss how the lack of critical thinking often works with fraud. The specific example I gave, or have been using, is that there is a link between fraudulent financial advisers (at least some of them anyway) and the technique of cold reading. Financial advisers, by their very definition, intend to take your money from you. The only difference between a real financial adviser and a fraudulent one is that a real financial adviser will look out for your best interests while a fraudulent financial adviser will look out for his best interests.
A real financial adviser welcomes questions from his clients regarding his investments because he has nothing to hide and wants to share information with his clients. A fraudulent financial adviser will try to discourage or deflect questions from his clients because he wants to hide information from his clients and hide behind a smokescreen.
"Cold reading" techniques let the fraudulent financial adviser hide behind such a smokescreen.
Have a great and fraud free day.
http://www.tauskvega.com
--------------->>>>>>>>>>>>>>>gene tausk
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