One of the many mysteries of Bernie Madoff's alleged $50 billion Ponzi scheme is why so many people broke a cardinal rule of investing by over-allocating money in one position. Many investors -- charities, individual investors, even well-known fund managers -- have lost everything, right down to ... -
Madoff Exposed Investors' Weak Spots
One of the many mysteries of Bernie Madoff's alleged $50 billion Ponzi scheme is why so many people broke a cardinal rule of investing by over-allocating money in one position. Many investors -- charities, individual investors, even well-known fund managers -- have lost everything, right down to ...-
By Michael S. Rosenwald