This week we take a deep dive into the world of pyramids, Ponzi schemes, and multi-level marketing.
FTC - Business Opportunity Rule
FTC - Guidance on Multilevel Marketing
The Case for and Against Multi-Level Marketing - Jon M Taylor
Deseret News - Leaders Warn LDS Against Money Scams
Religion News - 10 Reasons Mormons Dominate Multi-Level Marketing Companies
Talking Points Memo - How Utah Became a Bizarre, Blissful Epicenter for Get-Rich-Quick Schemes
Cruz and Olaya - A Systems Dynamics Model for Studying the Structure of Network Marketing
Bhattacharya and Mehta - Socialization in Network Marketing Organizations: Is It Cult Behavior?
Institutional Investor - Bill Ackman Gets Vindication in Herbalife Battle
Business Insider - Ackman Exits Years Long Herbalife Short Bet
Recommendation:
Contact Michael Schaffer and Reasonable Risk Podcast:
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