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Comment by WalterBright

There could be something else at work here.

My father told me that con men preferred to go after smart people, like doctors. The reason is that smart people thought they were too smart to get conned, and hence were more gullible.

He was also an economist, and told me that there wasn't an economist born who could stand the idea that the economy would run better (i.e. free market) without their "help".

And I've noticed many smart leaders who thought they were much smarter than they actually were, and didn't need to listen to others' advice, leading to some very poor decisions.

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