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Friday, September 9, 2016
Scam Psychology: Cognitive Biases that leads to bad money decisions
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Recently Lifehacker posted an article about cognitive biases that lead to bad money decisions . They are, obviously, perfect described the m...
Tuesday, September 6, 2016
Cognitive Bias: Sunk Cost Fallacy
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Answer this following question to yourself, truthfully please. Remember, it's for you and you alone. Only you would know the answer. Q...
Friday, September 2, 2016
Scam Psychology: How Threshold of Collective Behavior Affects Victim's Mindset
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Readers of this blog have remarked that they are very surprised at how a victim will refuse to acknowledge s/he is a victim, despite very ...
Thursday, September 1, 2016
Scam Tactic: "Don't knock it until you try it" slogan is very bad advice
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One of the most common arguments for income schemes is "don't knock it until you try it", i.e. "it paid me so it works...
Tuesday, August 23, 2016
Where do these MLMers get their "facts"? Certainly not from this reality.
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In attempting to engage with some MLMers regarding their unbridled enthusiasm, I've since found out they seem to be armed with a lot of....
11 comments:
Thursday, August 18, 2016
Eric Worre is wrong about Dave Ramsey: or, why MLM advocates only knows truthiness, not truth
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If you are in the US, you probably heard of Dave Ramsey, who had been giving financial advice for decades as a radio call-in show (i.e. he g...
5 comments:
Friday, August 5, 2016
Cognitive Bias: Status Quo Bias
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Status quo bias goes by many names, but to put it simply, "if it works why change anything" Any change form the current situati...
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