Well said!
I've been at the investment game for nearly 50-years and have seen and worked with guys like KB and his company DECN.
Mind Set
The "one" common thread with a con is, they feel they know it all and are smarter than the common man/woman, which shows up with their ego.
They also have one "key" mindset, they believe they won't get caught.
White collar crimes, much like KB was a party too, takes some level of either skill or knowledge on how to pull it off. Which of course requires some level of gray matter.
Is he stupid? Yes, in the sense of not taking the time to earn an "honest" dollar. No, in the sense that he had the knowledge of how to pull off the con.
A "stupid" person who creates a crime is the ones we see locked up every day. The smarter person is the one that understands how to rob people without a gun and stays out of jail. Much like some of the politicians we read about. But that's another topic for a different chat board.
Market Data 
Markets 
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