Quotes 1 till 3 of 3.
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Amongst the financial Twitterati, the term 'muppets' has come to describe any client used and abused by some financial predator. I've adopted the term to describe portfolios that have been assembled for purposes other than serving the clients' best interests.
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People want to see patterns in the world. It is how we evolved. We descended from those primates who were best at spotting the telltale pattern of a predator in the forest, or of food in the savannah. So important is this skill that we apply it everywhere, warranted or not.
Source: The (Mis)Behavior of Markets Ch. 12, p. 245 -
Your cat may never have to hunt farther than the kitchen counter for its supper nor face a predator more fierce than the vacuum cleaner.
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