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I'm not sure why it's hard to understand why someone could be convinced by words that match their bias backed by confidence. That's sales 101 and there's a reas
by ellard 8y ago
I'm not sure why it's hard to understand why someone could be convinced by words that match their bias backed by confidence. That's sales 101 and there's a reason why it works.
Now, yes, the medical breakthrough part should have been a red flag to serious investors, but my guess there is that once someone bought into it, other investors were scared that they might miss out on what could be the next big thing and jumped on it.
- socrates1998 8y agoIt's hard for me to understand because after I was about 19 years old, I learned to not trust people who tell me everything I want to hear.
- ellard 8y agoIt's not about yourself, but about understanding others. People grow up differently, have had different experiences, and hence have different risk assessments on who they trust and what they're willing to lose when that trust is misplaced.