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>Men are more vulnerable to making certain narcissism-related mistakes, such as getting into bad investements because of FOMO Is there a reason men are more ea

>Men are more vulnerable to making certain narcissism-related mistakes, such as getting into bad investements because of FOMO Is there a reason men are more easily scammed?

onlyrealcuzzo 5y ago
Men have higher risk tolerance: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2741240/ https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2741240/
- hpkuarg 5y ago
  And perhaps, at least with scams where money is concerned (I suppose all of them?), a greater cultural emphasis of evaluating men on their net worth.
robbedpeter 5y ago
Men would often be the authority on finances in a household, in Western culture. The notion is looked down on these days, but until the 70s, men would be the "breadwinner" of the family, and the wife would have limited influence on saving and spending and investing unless the couple was unusually communicative and fair. When women began to enter the workplace by the 90s, the stereotype began to fade, and won't be relevant in the next decade or so - we've more or less reached parity wrt to gender distribution in the workplace.
- PaulHoule 5y ago
  I'd say also the nexus of narcissism between men and woman has changed. I think of that album Tommy by The Who which starts out with "It's a boy, Mrs. Walker, it's a boy... A son!" back then couples were happy to get a boy instead of girl. Mothers who didn't feel they could get ahead on their own felt they could get ahead vicariously through a male child. Today it is the other way around. We hear things like "Girls are our most precious natural resource" and don't think about it... Feminists in the 1970s knew "girl" was a dangerous word (the example in the dictionary should be "girls girls, girls" with a photo of a 42nd st porno theater) but today there is a lot of pandering to young women. Many colleges are practicing affirmative action for men quietly because men aren't that interested in going to college yet young woman aren't interested in going to a college which is 70% female. So I think the gendering of narcissism is in flux but, like usual for these things, we are looking in the rear view mirror and it will take the culture 20 or 30 years to catch up.
PaulHoule 5y ago
I would chalk it up to problems in the narcissistic sector, that is, dangling an opportunity in front of a man is likely to make them feel "special" and otherwise experience an instability in self-image that makes them not think straight. Supporting male vulnerability here is https://www.yourmoney.com/investing/men-most-vulnerable-to-investment-scams/ https://www.yourmoney.com/investing/men-most-vulnerable-to-i... https://www.ftc.gov/system/files/documents/reports/mass-market-consumer-fraud-who-most-susceptible-becoming-victim/working_paper_332.pdf https://www.ftc.gov/system/files/documents/reports/mass-mark... https://www.chuckgallagher.com/2021/01/27/men-or-women/ https://www.chuckgallagher.com/2021/01/27/men-or-women/ in particular https://www.aarp.org/money/scams-fraud/info-2017/whos-most-at-risk-investment-fraud.html https://www.aarp.org/money/scams-fraud/info-2017/whos-most-a... "... fraud victims are far more likely than other investors to say that acquiring money is one of life's important achievements."
- rsynnott 5y ago
  There _have_ been scams that were very effective at bilking women, but they were generally demographically targeted, rather than straight-up get rich quick schemes. Notably, nearly all large Ponzi schemes prior to Charles Ponzi's one (he didn't invent them; he just caught the popular imagination) were affinity frauds aimed at women. (Ponzi's scheme was also initially an affinity fraud, but targeted at Italian immigrants).

>Men are more vulnerable to making certain narcissism-related mistakes, such as getting into bad investements because of FOMO Is there a reason men are more easily scammed?

onlyrealcuzzo 5y ago

Men have higher risk tolerance: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2741240/ https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2741240/

hpkuarg 5y ago
And perhaps, at least with scams where money is concerned (I suppose all of them?), a greater cultural emphasis of evaluating men on their net worth.

robbedpeter 5y ago

Men would often be the authority on finances in a household, in Western culture. The notion is looked down on these days, but until the 70s, men would be the "breadwinner" of the family, and the wife would have limited influence on saving and spending and investing unless the couple was unusually communicative and fair. When women began to enter the workplace by the 90s, the stereotype began to fade, and won't be relevant in the next decade or so - we've more or less reached parity wrt to gender distribution in the workplace.

PaulHoule 5y ago
I'd say also the nexus of narcissism between men and woman has changed. I think of that album Tommy by The Who which starts out with "It's a boy, Mrs. Walker, it's a boy... A son!" back then couples were happy to get a boy instead of girl. Mothers who didn't feel they could get ahead on their own felt they could get ahead vicariously through a male child. Today it is the other way around. We hear things like "Girls are our most precious natural resource" and don't think about it... Feminists in the 1970s knew "girl" was a dangerous word (the example in the dictionary should be "girls girls, girls" with a photo of a 42nd st porno theater) but today there is a lot of pandering to young women. Many colleges are practicing affirmative action for men quietly because men aren't that interested in going to college yet young woman aren't interested in going to a college which is 70% female. So I think the gendering of narcissism is in flux but, like usual for these things, we are looking in the rear view mirror and it will take the culture 20 or 30 years to catch up.

PaulHoule 5y ago

I would chalk it up to problems in the narcissistic sector, that is, dangling an opportunity in front of a man is likely to make them feel "special" and otherwise experience an instability in self-image that makes them not think straight. Supporting male vulnerability here is https://www.yourmoney.com/investing/men-most-vulnerable-to-investment-scams/ https://www.yourmoney.com/investing/men-most-vulnerable-to-i... https://www.ftc.gov/system/files/documents/reports/mass-market-consumer-fraud-who-most-susceptible-becoming-victim/working_paper_332.pdf https://www.ftc.gov/system/files/documents/reports/mass-mark... https://www.chuckgallagher.com/2021/01/27/men-or-women/ https://www.chuckgallagher.com/2021/01/27/men-or-women/ in particular https://www.aarp.org/money/scams-fraud/info-2017/whos-most-at-risk-investment-fraud.html https://www.aarp.org/money/scams-fraud/info-2017/whos-most-a... "... fraud victims are far more likely than other investors to say that acquiring money is one of life's important achievements."

rsynnott 5y ago
There _have_ been scams that were very effective at bilking women, but they were generally demographically targeted, rather than straight-up get rich quick schemes. Notably, nearly all large Ponzi schemes prior to Charles Ponzi's one (he didn't invent them; he just caught the popular imagination) were affinity frauds aimed at women. (Ponzi's scheme was also initially an affinity fraud, but targeted at Italian immigrants).