COVID-19 has been called by some as the virus of truth. It has certainly exposed those whose arrogance has led them to claim that they are somehow smarter than the pathogen. I can still remember the hubris of the Chinese leadership who laughably proclaimed that their handling the virus once again proved the superiority of the socialist system with Chinese characteristics.
Um…. Someone will have to explain to me why the political affinity of a microbe should matter in the way that it can rip through large swathes of a community? And with the benefit of hindsight, we can now see that there is nothing at all superior when two of China’s largest cities are in lockdown whilst the rest of the world is opening up.
Hubris is not the sole preserve of political leaders. Money managers can be guilty of a false sense of self-importance, too. A renowned US tech-fund manager has claimed that its investments could...