EditorialsBy Matt Bud, Chairman, The FENG

The illusion of trust

From our daily member newsletter on November 18, 2018

It is always difficult to explain why you trust someone. In our daily encounters out in the world we come across all kinds of folks. Most of the individuals we do business with on a daily basis don’t have to be our friends, and the nature of the exchanges we have with them don’t even require that we trust them. As an example: purchasing gas. As long as we can bring ourselves to trust the gas station attendant not to pour the gas into the back seat of our car, there isn’t really much at risk. And, since we probably put this exchange on our credit card, there is no possibility that the value received isn’t the amount we paid. [ Read more… ]

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