six
@six
basically a guarantee that if you get too cocky in markets you will get humbled. law of conservation of ego or something whether as speculator in liquid markets or founder in The Actual Market
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six
@six
arrogance leads to irrational decisionmaking which inevitably leads to failure of some sort which then checks the original arrogance
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six
@six
at least it's self-regulating (in theory)
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