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Alex G

Leverage doesn't kill people, high leverage does :) Thanks for calling Barry out. He's such a walmart of blogging making such huge blunders regularly.

As far as being "self aware" (of your own human weaknesses) and philosophical implications:

Less philosphy and more specifically on financial innovation. an FDA is needed:

Kent @ The Financial Philosopher

Thanks for the comment, Alex:

I was not necessarily "calling Barry out" but rather reflecting his doubt that irrational behavior can ever be justified as rational, simply because the herd is irrational.

Personally, I believe that rational behavior sometimes looks irrational when it looks like a contrarian or rare dissenting view.

"Before the beginning of great brilliance, there must be chaos. Before a brilliant person begins something great, they must look foolish in the crowd." ~ The I Ching

Thanks again for the comment. I'll be sure to check out those links!



Greed is the biggest driver of irrational behaviour in human beings. It has deep influence in especially financial decisions.You may be a manager,politician or an investor,speculator or trader.It is very difficult to evade greed in such key decisions.

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About Kent Thune

  • Kent Thune is a wealth manager, a writer and a philosopher... Read More


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