The Life-Changing Science of Detecting Bullshit by John Petrocelli is a gem of a book that really does not hesitate to name names and one of the big joys of reading this book is to look at how much bullshit Americans have to live with. Some big names along with concrete examples of their bullshitting include Dr. Mehmet Oz and Deepak Chopra. Naturally, the situation in Singapore is not much better and I find that, after banks can link up CDP to create a 360-degree view of your personal finances, folks like my mum are starting to get more calls inquiring about her investments.
One useful way of benefitting from this book is to use the appendix of the book that has a comprehensive list of fallacies and try to identify them on finance blog articles to sharpen your own thinking.
So what I'm going to do is to simply take the latest Money Maverick article and then run through the list of logical fallacies
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