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The initial motivation for (or purpose of) greed and actions associated with it may be the promotion of personal or family survival. It may at the same time be an intent to deny or obstruct competitors from potential means (for basic survival and comfort) or future opportunities; therefore being insidious or tyrannical and having a negative connotation.
Cartoon by James Gillray satirizing Sir Francis Buller, 1782: "Judge Thumb; or, Patent Sticks for Family Correction: Warranted Lawful!". A modern folk etymology [14] relates the phrase to domestic violence via an alleged rule under English common law which permitted wife-beating provided that the implement used was a rod or stick no thicker than a man's thumb. [6]
You won't be alone if that's the case.
This simple rule shows how important Buffett thinks managing your emotions is in order to be a good investor. Markets are made up of human beings who get overly optimistic at times and overly ...
The tried-and-true investing and saving rules of thumb retirees depend on may no longer be as reliable as they hoped. Don’t let dated “rules” steer your retirement wrong.
Greed is usually described as an irresistible craving to possess more of something (money, material goods) than one actually needs.. According to several academics, greed, like love, has the power to send a chemical rush through our brains that forces us to put aside our common sense and self-control and thus provoke changes in our brains and body.
In philosophy, a razor is a principle or rule of thumb that allows one to eliminate (shave off) unlikely explanations for a phenomenon, or avoid unnecessary actions. [ 1 ] Examples