How come other trader's like to watch successful traders or investors fail?

Discussion in 'Trading' started by mahram, Jan 23, 2009.

  1. I dont get why alot of traders like to watch successful traders or investors fail. Like how everybody is going after warren buffet, steven cohen, citadel guys, eddie lampert, etc. People who were successful for many years, take a lump. Everybody pounces on them. Even doug kass who was called a loser during the entire bull run, is dishing out his own stuff on everybody. I just dont get it.
     
  2. wave

    wave

    Because 80% of the people suck and never grew up.
     
  3. OVVO

    OVVO

    schadenfreude

    Pronunciation: \ˈshä-dən-ˌfrȯi-də\
    Function: noun

    Usage: often capitalized

    Etymology: German, from Schaden damage + Freude joy
    Date: 1895

    : enjoyment obtained from the troubles of others