Cocksure – that’s why we’re all screwed
Posted on 20. Jul, 2009 by Jonathan Cherry in Branding
Crazy-haired Malcolm Gladwell reckons that the reason the world is having a mental and financial breakdown is because of cocksure Wall Street bankers who overestimated their ability and competence.
Our take – the global obsession with greed and getting your stuff featured on an episode of MTV Cribs or Top Billing is to blame. That mixed with a culture of corruption and 'golf course' business had to end in tears at some stage. An elastic band can only stretch so far until it snaps and hits you in the face.
Read Malcolm's words of insight: The psychology of overconfidence – The New Yorker
[via Gawker]
In other shocking corporate bulls&*t news – Nike sensors video footage, global scandal ensues – Guardian
