Deficit of Economic Common Sense

My life and business style was/is to be financially prudent and very honest, to hedge against potential bad outcomes, etc.. I can’t begin to tell you how well that worked out and how I watched others that had a deficit of economic common sense and business morality crash and burn in the same area of biz I was in. The best way I can explain this is that it’s best to not kid yourself and be honest with yourself — something most people fail at.

— Expy, message board poster



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