Tag Archives: investors

NEWS: INVESTORS FAVOR HANDSOME PITCHMEN


Investors Favor Handsome Pitchmen

Gentlemen may prefer blondes, but investors, it seems, prefer handsome men. Researchers have found that investors are more likely to back a business if it is pitched to them by a man rather than a woman. Furthermore, physical attractiveness seems to also play a role in swaying investors, but only when the entrepreneurs are male; handsome pitchmen were more likely than their less attractive counterparts to persuade potential investors to back their ventures, whereas attractiveness was not a determining factor when it came to female entrepreneurs. More… Discuss

 

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Today’s Birhtday: CHARLES PONZI (1882)


Charles Ponzi (1882)

Possibly the most famous con man in history, Ponzi is now synonymous with a particular type of ruinous investment scheme. By promising impossibly high returns on a “get rich quick” scheme, Ponzi attracted enough new investors to use their money to pay off old investors, which made his outfit appear successful and solvent. It was not. After a series of trials, he was deported from the US, but in at least one case in 1922, he was found not guilty. Who was his lawyer at that trial? More… Discuss