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Saturday, May 26, 2012

Explaining WHY is Social Security NOT a Ponzi scheme

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When a business is suspected to be a Ponzi scheme, there are two general lines of defense, which goes like this: Approach 1 A: Biz X is ...
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Friday, May 25, 2012

Subjective Validation, or Why you see more than you should

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General evaluation scale. Do you ever evaluate yourself fairly? Or are you tricking yourself into believing whatever you yourself believe ...
Wednesday, May 23, 2012

Patent on Network Marketing, really?

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United States Patent and Trademark Office seal (Photo credit: Wikipedia ) An HYIP online, JustBeenPaid, claims to be the only MLM covere...
Monday, May 21, 2012

The "you know nothing" tactic and "I dare you" tactic

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MLMers who ran out of coherent and logical arguments will often fall back to the "you know nothing" tactic. Usually, it goes like...
Sunday, May 20, 2012

Cognitive Bias: "appeal to authority" fallacy

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Who are real experts in Multi-level marketing? (Photo credit: Wikipedia ) A common sales technique is to cite some experts. The question...
Saturday, May 19, 2012

How Ponzi Schemes disguise themselves

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Ponzi in 1920 (Photo credit: Wikipedia ) Ponzi schemes have plagued human existence for nearly 100 years, and it proliferated ever since...
Thursday, May 17, 2012

Cognitive bias: the "anecdotal" fallacy

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Kobe Bryant subs out vs the Washington Wizards (Photo credit: Wikipedia ) If he endorsed a car, does the car perform any better? No!  ...