Granted, I don't have Sam's filters. And, it's partly a different culture. But, I've had so many conversations whereby someone essentially seduces me with their idea and seriousness, only to later realize that they essentially said nothing and I was being sold something.
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That wasn't OPs context but there definitely seems to be an asymmetry. Mistaken rejections are expensive to investors who get the benefits of diversity over fat-tailed distributions; gullibility is expensive for individuals though because time and attention bind tightly.
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