#699083 added June 13, 2010 at 4:38pm Restrictions: None
Success breeds carelessness
Jamál (Beauty), 9 Núr (Light), 167 BE – Sunday, June 13, 2010 about 1:23 PM Pacific Time
"The success of deepwater drilling led to failure. It sowed overconfidence. Achievements obscured the dangers."
from The calamity cycle
Robert J. Samuelson of the Washington Post Writers Group
According to Mr. Samuelson this can apply to the majority of human created calamities that have occurred lately. The article applies this thought to the financial disasters, we relax when we succeed and carelessness follows. Success dupes us into believing all is well and nothing bad can happen.
Beware of success
And do not relax your guard
Increase watchfulness
Overconfidence
Leads to disaster failure
Beware of success
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