hubris

Malcolm Gladwell Deeply Offends Wall Street By Comparing Them To Overconfident Gamblers

Malcolm Gladwell Deeply Offends Wall Street By Comparing Them To Overconfident Gamblers

If you’re looking to see the collapse of Bear Stearns explained using the British defeat at Gallipoli as an example of disastrous overconfidence, you can do no better than Malcolm Gladwell‘s new piece in the New Yorker. Be forewarned, however, that Wall Street apparently thinks it’s a load of crap.