Overconfidence Kills

It didn't came to me as surprise that US financial market was collapsed last evening. It is rather obvious than shock when Lehman Brothers hit the headlines for reasons they never thought about. The unwarranted debt they invested in sub-prime market had no other result than their gradual -to-sudden credit loss. They call it "Great Depression". I would say over confidence most often results in failure to perform.

Shabbeer N. Zafar
MBA
International Institute of Information Technology, Pune
Email- shabbeerz_june07@mba.isquareit.ac.in