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Funance
Matthew Gregory
19 episodes
6 days ago
This Is Funance! A basic look at the complex world of investing. Join me and stock market expert Peter Ricchiuti as we put the "fun" in Mutual Fund...or something like that.
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Investing
Business
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All content for Funance is the property of Matthew Gregory and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
This Is Funance! A basic look at the complex world of investing. Join me and stock market expert Peter Ricchiuti as we put the "fun" in Mutual Fund...or something like that.
Show more...
Investing
Business
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What is a Ponzi Scheme?
Funance
36 minutes 34 seconds
4 years ago
What is a Ponzi Scheme?

This week’s episode: What is a Ponzi Scheme? We look at how an Italian immigrant became the namesake for one of the most deceiving investment practices in history; and he did all with stamps. How do these scenarios play out in real life?

Plus-this week the master of all Ponzi Schemes, Bernie Madoff, passed away. We’ll get into how his scheme worked, who it hit the hardest, and how he got caught. Also, this week in the markets, vaccines are not the only shot in the arm the US government is using to boost the economy.

Funance
This Is Funance! A basic look at the complex world of investing. Join me and stock market expert Peter Ricchiuti as we put the "fun" in Mutual Fund...or something like that.