How to Smell a Rat book cover

How to Smell a Rat by Ken Fisher and Lara Hoffmans Summary

How to Smell a Rat
Ken Fisher and Lara Hoffmans
3.44 (158 Reviews)
Finance
Business
Economics
Aperçu
Points Clés
Auteur
Questions Fréquentes

Overview of How to Smell a Rat

In the wake of Madoff's $65 billion scam, Ken Fisher's New York Times bestseller reveals five telltale signs of financial fraud. What shocking red flag do 90% of victims miss? Wall Street insiders call it the ultimate self-defense guide for your money.

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Points clés

1

When Trust Becomes Your Greatest Financial Vulnerability

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What do a Nobel Peace Prize winner, NFL players, and sophisticated hedge fund managers have in common? They all lost everything to financial fraudsters they trusted completely. Bernie Madoff didn't just steal $65 billion-he obliterated charities, destroyed retirement funds, and shattered the financial security of thousands who believed his impeccable reputation made him untouchable. The Elie Wiesel Foundation lost nearly everything. Palm Beach Country Club members watched one-third of their community's wealth vanish overnight. Yet every warning sign was there, hiding in plain sight. The real question isn't how Madoff fooled so many-it's why smart, successful people ignored obvious red flags that could have saved them.

2

The One Rule That Stops Nearly Every Scam

3

The Impossibility of Perfect Performance

4

When Complexity Becomes a Weapon

5

The Dangerous Glamour of Exclusivity

6

Why You Can't Outsource Your Protection

7

Moving Forward in a World of Financial Predators

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"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA
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comments
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117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
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star
star
star
star
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"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
platform
comments
12
likes
108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
platform
star
star
star
star
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"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
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comments
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"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP
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"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

@Jaded_Falcon
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"It is great for me to learn something from the book without reading it."

@OojasSalunke
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"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn
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"Makes me feel smarter every time before going to work"

@Cashflowbubu
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"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."

@Moemenn
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"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA
platform
comments
12
likes
117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
platform
star
star
star
star
star

"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
platform
comments
12
likes
108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
platform
star
star
star
star
star

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
platform
comments
96
likes
4.5K

"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP
platform
star
star
star
star
star

"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

@Jaded_Falcon
platform
comments
201
thumbsUp
16

"It is great for me to learn something from the book without reading it."

@OojasSalunke
platform
star
star
star
star
star

"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn
platform
comments
37
likes
483

"Makes me feel smarter every time before going to work"

@Cashflowbubu
platform
star
star
star
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