Re: Is greed bad?
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if greed is what causes people to try to get as much money as possible, then the enron guys were not being greedy. their illegal actions were very -ev, and they're paying for it now. if they were greedy, they wouldn't have made such -ev moves.
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Greed could probably be defined as the desire to make -EV decisions that result in short-term gains. So, the Enron people are great examples of greed, because their short-term desire for money made them obvlivious to the actual total EV of their situation.
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