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by tortasaur 2008 days ago
Impostor syndrome is when you see yourself as an impostor but are actually competent, not vice versa.
1 comments

You overpromise when you fear that what you can actually deliver is inadequate.

Obviously imposter syndrome doesn't lead inevitably to ponzi schemes, but it's a possible maladaptive response to those feelings. Bernie Madoff was probably competent enough to be successful at a high level, I have no idea why he actually went off the rails but I can see how imposter syndrome could lead someone in that direction.