80 THE WIDE WORLD OF FRAUD Due Diligence for the Vigilant The vigilant investor: ? Knows that he is bright enough to understand any legitimate investment, and refuses to invest in anything that he does not understand ? Understands that there is no such thing as a ``white'' lie from someone who has access to her nest egg ? Considers a possible conflict of interest to be an actual conflict and favors investment advisers who get a vigilant, independent investigation of all funds in which they invest ? Does not chase returns to keep up with the investment Joneses, but focuses on achieving his own goals while minimizing the risk of a fraud loss