How to Smell a Rat

The money manager and New York Times–bestselling author explainshow to protect yourself from fraud: “Fisher details the red flags that should alert investors.”—Associated Press

Whether it’s small-scale or large, a pump-and-dump or a Ponzi scheme, financial fraud is nothing new. Where there’s money, there are scammers—and it’s up to you to understand their playbook and ask the right questions to avoid getting taken. With a decades-long career in the industry, the founder of the multibillion-dollar money management fund Fisher Investments offers a clear guide to detecting the warning signs. Filled with in-depth insights and practical advice, this reliable resource:

• Prepares you to identify and avoid financial scams that could instantly destroy your wealth
• Contains both recent and historic examples that highlight how financial frauds are committed
• Provides questions everyone should ask before entering any investment endeavor

“With five straightforward rules that would have saved any investor from Bernie Madoff, investment firm CEO and Forbes columnist Fisher gives readers a secure plan for fraud-proof investing, worthwhile for novices and sophisticated financiers alike…Much more than what to avoid, Fisher’s concise guide should be highly illuminating and confidence-building for anyone with a bank account.” —Publishers Weekly, starred review