recently retired federal reserve chairman alan greenspan warns his new puppy against “Irrational exuberance”

Alan_greenspan

Another area where you have made admirable progress is your risk profile. Initially, I was worried that you had a distinct tendency to underweight situational risk. Whether it was wandering casually toward the freeway or nipping at the tail of a 120-pound pit bull, you displayed a distinct inability to assess potential threats. Fortunately, you seem to have made measurable progress in this area, even if it did take the claws of a large tabby to focus your attention on this matter.

All in all, I must applaud the upward trend of most relevant indicators for your development from puppyhood to maturity.

There is, however, one aspect of your behavior that does portend some trouble, and that is your continuing irrational exuberance. While it is understandable that immediately after your arrival you would find everything to cause the most extreme excitement, it seems like a threshold may have been crossed where your excitement must stabilize.

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