Through reading "The Speculator" I learned about how being the champion, king, or the best of something has its positives, of course, but negatives as well. All of the companies mentioned in this article including Genentec and Enron were massive industries that used to be on the top, but tragically fell. Whether is was the giant egos that developed overtime as their businesses grew, or too much self confidence causing careless errors, these companies fell victim to a classic reoccurring theme in tragedies. Niederhoffer and Kenner explain how when too much power is given to a single human being and when they can't receive anymore since they've reached the highest point of success, there is nowhere to go but down. Usually in a situation of such extreme power a sense of self admiration takes over which clouds the mind from rational thinking. This fatal mistake sets the high figure into a fast downhill spiral that ultimately ends in disaster. It was recently discovered that Governor Mark Sanford cheated on his wife with a mistress from Argentina. Some think that he believed he was above the law in this situation, exempt from any consequences. However, regardless of the reasons for his actions, the world sees yet another powerful leader fall off of his thrown, solidifying this constant theme of tragic stories.
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