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Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble... to give way to hope, fear and greed. ↗
Planetologist call it the conundrum of unforeseen ecological consequence. I call it the whack-a-mole rule of human meddling. She clasped both hands like a child hammering. WHACK! We change something here. Oops, that makes another problem pop up there where we didn't expect it. WHACK! So, we whack that mole. Oops! We're so smart that we're a menace. ↗
#human-nature #human-superiority #humanity #humans #meddlers
