How to Smell a Rat

The Five Signs of Financial Fraud

by Ken Fisher and Lara Hoffmans

		Publisher: John Wiley & Sons, Inc. Pub. Date: 2009 ISBN: 9780470526538 No. pages: 224 Category: Finance Sample the audio version of How to Smell a Rat

In this summary you will learn

How to identify six types of investors
How to spot the five warning signs of financial fraudsters
What questions to ask prospective financial advisers

Why you should read How to Smell a Rat

The unlamented year of 2008 was a terrible time for investors. The news that money wizard Bernie Madoff stole some $65 billion from his investment clients with a giant pyramid scheme added insult to injury. Though already in his 70s, Madoff received a 150-year prison sentence for his thievery. Many felt the punishment was too light. The world is full of crooks and charlatans like Madoff. Fortunately for investors, they often give themselves away if you know how to spot them. In this savvy manual, business journalist Ken Fisher (writing with investment expert Lara Hoffmans) details five warning signs that can reveal crooks posing as financial advisers. getAbstract recommends this book to investors who are suspicious and to those who ought to be.

About the Authors

Ken Fisher, author of Forbes magazine’s Portfolio Strategy column, is the founder, chairman and CEO of a money management firm. Lara Hoffmans is an investment firm executive and a contributing editor for MarketMinder.com.

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Overall		(9)
Applicability		(10)
Innovation		(8)
Style		(8)

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(1)

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