How to Smell a Rat

How to Smell a Rat

The Five Signs of Financial Fraud

By Ken Fisher; Lara W. Hoffmans

John Wiley & Sons, Hardcover, 9780470526538, 209pp.

Publication Date: July 1, 2009

A timely guide to uncovering financial fraud

2008 and 2009 will be remembered for bear markets, a global credit crunch, and some of the largest investment scams ever. But these scams are nothing new, they've been repeated throughout history, and there will certainly be more to come. But the good news is fraudsters often follow the same basic playbook. Learn the playbook, and know how to ask the right questions, and financial fraud can be easy to detect and simple to avoid.

In "How to Smell a Rat, " trusted financial expert Ken Fisher provides you with an inside's view on how to spot financial disasters "before" you become a part of them. Filled with in-depth insights and practical advice, this reliable resource takes an engaging look at recent and historic examples of fraudsters, how they operated, and how they can be easily avoided. Fisher also shows you the quick, identifiable features of financial frauds and arms you with the questions to ask when assessing a money manager. Prepares you to identify and avoid financials cams that could instantly destroy your wealth Contains examples that highlight how financial frauds are committed Provides questions everyone should ask before entering any investment endeavor

With "How to Smell a Rat" as your guide, you'll learn how to protect your interests and assets from unnecessary losses.

About the Author
Ken Fisher is best known for his prestigious "Portfolio Strategy" column in Forbes Magazine, the fourth longest-running columnist in Forbes' ninety-year history. He is also founder, Chairman, and CEO of Fisher Investments, an independent global money management firm with over $45 billion in assets. He is the award-winning author of numerous scholarly articles and has published four previous major finance books, including 2006's New York Times bestseller The Only Three Questions That Count. He has a weekly column in Handelsblatt, Germany's leading finance daily.

LARA HOFFMANS specializes in managing high net worth clients. She is the Senior Content Editor at Fisher Investments, and coauthored with Ken the bestsellers "The Only Three Questions that Count" and "The Ten Roads to Riches".