Open main menu
Home
Random
Recent changes
Special pages
Community portal
Preferences
About Wikipedia
Disclaimers
Incubator escapee wiki
Search
User menu
Talk
Dark mode
Contributions
Create account
Log in
Editing
Greed and fear
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
== Greed == [[Greed]] is usually described as an irresistible craving to possess more of something (money, material goods) than one actually needs. According to several academics, greed, like love, has the power to send a chemical rush through our brains that forces us to put aside our common sense and self-control and thus provoke changes in our brains and body. However, there is no generally accepted research on physiology of greed.<ref>Toghraie, A. (2011). Trading on target. Hoboken, N.J.: Wiley.</ref> Other academics tend to compare greed to an addiction, because greed, like smoking and drinking, can illustrate that if a person can take over one's addictions it is possible to avert bad effects from resisting it.{{clarification needed|date=August 2024|reason=Avert bad effects from resisting greed?}} On the other hand, if one can not resist its temptations, he can easily get swept away by it. In other words, it can be deduced that certain traders who join the business world for the emotional agitation and desire of hitting that emotional high, are addicted to the release of certain brain chemicals that determine those states of happiness, euphoria and relaxation. Before mentioned fact can also imply that such traders are susceptible to all addictions. Furthermore, humans' brains are naturally activated by financial awards, which in the same way as drugs produce an incredible but perilous feeling and thus an addictive experience.<ref>Furnham, A. (2014.). The new psychology of money.</ref> === Dot-com bubble === One of the most common examples of situations where greed took over people's actions is the 1990s [[dot-com bubble]].{{Citation needed|date=February 2018}} The dot-com bubble, also known as the Internet bubble, is the speculative [[investment bubble]] that was created around new internet startup companies between the years 1995β2000. In that time, exorbitant prices of new Internet companies motivated investors to invest into companies whose business plans included a "dot com" domain. Investors became greedy, creating further greed, resulting in securities being heavily overpriced, which eventually created a bubble.<ref>[http://www.techopedia.com/definition/26175/dot-com-boom], Techopedia.com, (2014). What is the Dot-Com Boom? β Definition from Techopedia. [online], [Accessed 31 October 2014].</ref>
Edit summary
(Briefly describe your changes)
By publishing changes, you agree to the
Terms of Use
, and you irrevocably agree to release your contribution under the
CC BY-SA 4.0 License
and the
GFDL
. You agree that a hyperlink or URL is sufficient attribution under the Creative Commons license.
Cancel
Editing help
(opens in new window)