Why Smart People Fall for Ponzi Schemes

Why Smart People Fall for Ponzi Schemes Ponzi schemes are one of the oldest tricks in the financial playbook. Despite decades of headlines, legal crackdowns, and public warnings, people still fall for them. Recently, NTC Global Trade, a crypto firm investigated by slain attorney Bouwer Van Niekerk, was placed under provisional liquidation. Several investors accused…

When Emotion Wins, Wealth Loses

When Emotion Wins, Wealth Loses In investing, the toughest battles are not waged in spreadsheets or market forecasts. They are fought internally, between your values and your emotions. Values are long-term. They define your goals and anchor your commitment. Emotions are immediate. They arise to resolve short-term discomfort. Values are principles you have thought through…

Investors Repeat the Same Mistakes

Investors Repeat the Same Mistakes In mid-2022, the dominant market narrative was clear: a global recession was looming. Yield curves inverted. Fear permeated headlines. Fund flows showed investors retreating from equities and rushing to cash. But then, in classic market fashion, reality unfolded in a way few expected. The pessimism marked a turning point. Equity…