Scams, grifts, joe-jobs, etc What's the best scam you've heard of? Not the most money making, but rather the most artful, beaftiful, elegant scam.
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Here's mine. Obtain, somehow, a list of, say, 1024 prospects. Telephone them, and after a bit of snappy patter get down to "look, I'd like to be your stockbroker, I'm not asking for any money now, just watch stock ABC, it's going to go [up | down] this week". To 512 people, you say it's going to go up, to the other 512, you say it's going to go down.
Next week, throw away the list of people you said the wrong thing to, and call up the 512 you were right to, say "Ok, now watch ABC industries, it's going to go [up | down]" again, half of them you say up, the other half you say down, and in a week, call up the people you were right to.
Keep this up for a few more weeks, until you have a list of 16 people who think you're just magic, you've totally called the market for 7 weeks running, they'll be dying to hand over their money!