The Fatal Flaw Theory is a key element of the Wall Street Psychologist’s Gyroscope. The Fatal Flaw is nothing new. It posits that: “If something seems too good to be true, it is too good to be true.”
In my practice, I urge my patients to embrace that simple maxim and incorporate it into their due diligence.
There are few absolutes in the financial services arena. Unfortunately, that shortlist includes the historical persistence of Financial Psychopaths that wreak severe havoc on the unsuspecting gullible masses.
No matter how many times something seems “too good to be true,” there are more than ample investors willing to overlook the obvious.