Understanding the Vicious Circle: Greed, Overconfidence, and the Impact on Capital Cycles
Understanding the Vicious Circle: Greed, Overconfidence, and the Impact on Capital Cycles Investment banking, a world often characterized by high stakes and even higher rewards, is not immune to the human tendencies of greed and overconfidence. But how do these traits influence capital cycles? And what can we learn from their impact? The Interplay of …