… it’s also at the heart of protecting yourself from Ponzi schemes.
SOS talks about it all the time.
What is it?
The control of your emotions.
One person who worked with Markopolos on a risk-management committee in the early part of this decade said he was not surprised that he remained focused on Madoff for so long.
“His background is one of risk management and mathematics,” said Mark Williams, professor of finance and economics at Boston University. “It’s about when you see an error, correcting it. … Madoff was breaking the normal equation…. From a pure academic standpoint, Harry was trying to break that and prove that something is wrong here.”
Markopolos. You know.
Many people were fooled, but not Harry Markopolos, the 52-year-old former financial executive who [has] been onto Madoff since 1996.