When an investment pays impressive returns, how do you know where the money actually comes from? And why can even intelligent people be persuaded by a financial illusion? Join Leon, a psychologist and retail investor, for an accessible discussion about Ponzi schemes: investment frauds that use new investors’ money to pay earlier investors, creating the appearance of profits. We’ll explore how they work, why people trust them, and what eventually makes them collapse. Understanding the difference between genuine earnings and money simply changing hands is more than a defence against scams—it’s a valuable starting point for understanding finance itself.

We’ll also examine Justin Sun as a case study in money, publicity and public perception: why did he buy the $6.2 million banana artwork, and what should we make of the stories involving him and Jing Tian? Together, we’ll question how spectacular spending, celebrity connections and persuasive narratives influence our judgments, while distinguishing verified facts from claims and speculation. No knowledge of investing or finance is necessary: Leon will explain the concepts, and we’ll discuss the psychology alongside the money. Expect a smart, engaging conversation that helps you ask better questions about financial promises, recognise warning signs and look beyond the spectacle.

当一个投资给出很亮眼的回报时，你怎么知道那些钱到底是从哪来的？为什么连聪明人也会被一个金融幻觉说服？跟着 Leon 来聊一场好懂的讨论吧。他是心理学家，也是散户投资者。这次聊庞氏骗局：一种投资诈骗，用新投资人的钱去付给早进来的投资人，制造出赚钱的假象。我们会聊它是怎么运作的、为什么人们会信，以及最后到底是什么让它崩掉。搞清楚“真的赚到钱”和“钱只是换了只手”之间的区别，不只是防骗，也是理解金融本身的一个很好的起点。

我们还会拿孙宇晨当案例，聊聊钱、曝光和公众印象：他为什么花620万美元买那根香蕉艺术品，他和景甜那些故事又该怎么看？我们会一起质疑，那些夸张的消费、名人关系和很有说服力的叙事，是怎么影响我们的判断的，同时也会把已经证实的事实和说法、猜测区分开。不需要任何投资或金融知识：Leon 会把概念讲清楚，我们会一边聊钱，一边聊背后的心理。这会是一场聪明又有意思的对话，帮你对金融承诺问出更好的问题，认出那些危险信号，也学会不被表面的热闹带着走。