Don’t let ‘Climategate’ melt down your portfolio

I've said before that you are more vulnerable to skillful rhetoric than you think. Well, the past week proved it.

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You've probably read about “Climategate” – how thousands of hacked e-mails from climate scientists revealed that they colluded to fudge their conclusions about global warming, told each other to destroy incriminating e-mails and perhaps even dumped raw data to mask the fraud. Why did it work? Because the falsified conclusions appealed to people's good nature, and because the conspirators co-opted above-average rhetoricians to deliver their message. More...