If I was living in a world where there are zero observed apparently-very-lucrative deals that turn out to be scams then I hope I would conclude that there is some supernatural Creator who is putting a thumb on the scale to be sure that cheaters never win and winners never cheat. So I would invest in Ponzi Pyramid Inc. I would not expect to be scammed, because this is a world where there are zero observed apparently-very-lucrative deals that turn out to be scams. I would aim to invest in a diversified portfolio of apparently-very-lucrative deals, for all the same reasons I have a diversified portfolio in this world.
In such a world the Epistemologist is promoting a world model that does not explain my observations and I would not take their investment advice, similarly to how in this world I ignore investment advice from people who believe that the economy is secretly controlled by lizard people.
If I was living in a world where there are zero observed apparently-very-lucrative deals that turn out to be scams then I hope I would conclude that there is some supernatural Creator who is putting a thumb on the scale to be sure that cheaters never win and winners never cheat. So I would invest in Ponzi Pyramid Inc. I would not expect to be scammed, because this is a world where there are zero observed apparently-very-lucrative deals that turn out to be scams. I would aim to invest in a diversified portfolio of apparently-very-lucrative deals, for all the same reasons I have a diversified portfolio in this world.
In such a world the Epistemologist is promoting a world model that does not explain my observations and I would not take their investment advice, similarly to how in this world I ignore investment advice from people who believe that the economy is secretly controlled by lizard people.