Rise and Fall
Charles Ponzi's scheme, fueled by short-term greed, attracted thousands of investors with promises of quick riches. Despite warning signs, the cycle of attracting new investors to pay off old ones eventually led to Ponzi's downfall and imprisonment. The chapter highlights the timeless allure of get-rich-quick schemes and the consequences of prioritizing short-term gains over long-term sustainability.In this clip
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Akimbo
The long term
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