[4743] in Privacy_Forum
[ PRIVACY Forum ] How to Flawlessly Predict Anything on the Internet
daemon@ATHENA.MIT.EDU (PRIVACY Forum mailing list)
Sun Jul 20 11:26:47 2014
Date: Sun, 20 Jul 2014 07:55:57 -0700
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How to Flawlessly Predict Anything on the Internet
(Medium): https://medium.com/message/how-to-always-be-right-on-the-internet-delete-your-mistakes-519a595da2f5
"This is a modern update to a classic confidence game -- find a risky
scenario with limited possibilities, bet on every single combination,
and then hide your failures. The result is that you look like you're
either psychic or a goddamned genius. Variations of this scam have
been used for centuries in finance, magic, and gambling. Mutual fund
companies bring new funds to market by incubating new funds outside of
the public eye for years, then actively market the strongest
performers with the highest returns. Poof! Youre an overnight Warren
Buffett!"
- - -
"Columbo" demonstrated this con in the 1976 episode "Now You See Him"
(available on Netflix).
--Lauren--
Lauren Weinstein (lauren@vortex.com): http://www.vortex.com/lauren
Founder:
- Network Neutrality Squad: http://www.nnsquad.org
- PRIVACY Forum: http://www.vortex.com/privacy-info
Co-Founder: People For Internet Responsibility: http://www.pfir.org/pfir-info
Member: ACM Committee on Computers and Public Policy
I am a consultant to Google -- I speak only for myself, not for them.
Lauren's Blog: http://lauren.vortex.com
Google+: http://google.com/+LaurenWeinstein
Twitter: http://twitter.com/laurenweinstein
Tel: +1 (818) 225-2800 / Skype: vortex.com
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