Why People Fall for Investment Scams

Don’t assume that you’re immune to investment fraud because of your education, background, or business savvy. Even highly successful, financially intelligent people fall prey to such trickery. For example, Bernie Madoff’s notorious Ponzi scheme fooled thousands of individuals, including celebrities as well as financial institutions and universities …

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Common Interview Mistakes

In my research with employers over many years, these are the 10 most common reasons for failure at interview.

  1. Arriving at the interview unprepared for what is to follow.
  2. Having a sloppy appearance or too relaxed an attitude to the interview.
  3. Not showing any excitement about, or enthusiasm for, the …
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Protecting Mental Consistency

When we feel cognitive dissonance, we have to find a way to deal with the psychological tension. We have an arsenal of tools at our disposal to help us return to cognitive consistency. The following list outlines different ways people seek to reduce dissonance.

Denial

To shut out the dissonance …

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What is Lego Flexibility?

Lego flexibility means that the production of every product is broken down into its component parts. These components are produced where the cost is low, the quality high, the competence excellent, and the innovation rate above average and high. Each of these four elements brings different components from different parts …

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Income Statements Explained

An income statement is a financial statement which presents the business operations over time, usually a year. It shows how profitable (or not) a company is over this timeframe.

It is presented as revenue – expenses = profit or loss. If your revenue is greater than your expenses, you have a profit …

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Save Money on your Wedding Reception

There used to be a strong correlation between the formality of the wedding and the food, but no longer. You can have a black-tie wedding and serve soul food or red-sauce Italian favorites—though as a courtesy to guests, I wouldn’t offer messy food such as a whole lobster …

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