A scam artist might say, “You should buy this penny gold-mining stock because it is wedding season in India” or “The weather in South Africa has been poor, and that is great news for gold mines in the United States.” Yet another example would be a meaningless pattern in a chart of stock prices that has been given a name, like a “death cross.” Even panhandlers know to put the reason they need money on their cardboard signs. Just because someone gives you a reason for doing something stupid does not make it smart.
Narrative fallacy
