Money magnifies character faults. We saw this in the first dotcom bust. Completely clueless people given tons of money do stupid things. The worst past is man

Money magnifies character faults. We saw this in the first dotcom bust. Completely clueless people given tons of money do stupid things. The worst past is many of these buffoons managed to make their bones during the first go around (or the 1.5 go around leading up to GFC). Success is nasty in that it blinds you to your faults - and what actually made you successful. So now many of these buffoons have won, don't know why or how they won and have started investing in people like them. And we wind up where we are now.