# Arrogance (presumption)

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- Post ID: 594180
- Modified: 2023-07-25T20:58:29+00:00
- Language: en

## Definition

Generally, a person's presumptuous confidence in his own abilities. The overconfident person - in reckless self-confidence undertakes more than he is capable of, - disregards obstacles and - disdains expert advice from others. - As financial history teaches, such imprudent people have always failed in the end, and they often enough dragged entire companies into the abyss. For this reason, it is quite correct - even though this has been strongly criticized - if banks or credit agencies also assess the character qualities of the decision-makers in a company or the related control bodies when granting loans to companies. - See Investment Courage, Bank Customer Profile, Barefoot Pilgrim, Creditworthiness, Stock Market Player, Daimonion, Fact Sheet, Stinginess, Shorn, Avarice, Credit, Customer Dossier, Rating, Risk-Return Principle, Risk Taker, Thrift, Speculator, Credit Agency. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

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