Lack of Moral Reasoning
This study by Sharon Stoll tackles the subject of a lack of moral reasoning among athletes. Her work, if you ponder for a moment, is relevant to populations well beyond “jocks” however. Take for example my book Trend Following. I have seen legitimate criticism that debates trend following trading. Criticism from the likes of James Altucher attacks trend following on the merits. I disagree with him strongly, but I never question his morality. From others, however, I have seen personal attacks that never address the substance of trend following (or my writings). Interestingly the personal attacks come from those who seem to have the deepest moral flaws.
I have always found that there are immoral individuals who succeed in the short-term in whatever they pursue, but in the long run these people always implode. Stoll’s work is thought provoking.
