Pride Goes Before the Fall
Looks like the market is anticipating an Obama victory in a shade over 8 months time. This comes two days after Secretary of State Hillary Clinton predicted Obama would win a second term, and three days after the man himself claimed “I’ve got another five years.”
(H)ubris denotes overconfident pride and arrogance; it is often associated with a lack of humility, though not always with the lack of knowledge. An accusation of hubris often implies that suffering or punishment will follow, similar to the occasional pairing of hubris and nemesis in Greek society. The proverb “pride goes before a fall” is thought to summate the modern use of hubris.
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