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whats the psychology of why Caroline Ellison is at the peak of Mount stupid Caroline Ellison was the ex-girlfriend of Sam bankman freed was the former CEO of the now bankrupt Almeida research which is the trading arm of the also now bankrupt FTX Caroline is now apparently on the run with possibly a few hundred mil of customer money there are many Clips going around of her speaking about crypto trading on podcasts where it sounds like shes on Mount stupid theres very little math he has a lot of like uh Elementary School Maps yeah we dont really do any uh technical analysis we tend not to have things like stop losses but whats psychologically going on with her in Psychology theres something called the dunning-kruger effect naturally when someone begins learning something new their confidence begins to rise extremely high because they dont fully understand the complexity of the topic which leads them to the peak of whats actually called Mount stupid have you ever taught a friend
