Well, the point I was making was that even a careful and successful stock trader, at the end of the day, chooses his deals because he wants something that has nothing to do with stocks, be it power, a new Yacht, hot chicks, a farm, etc. A good salesman plays to that, though a “logical base” has to at least exist.
I think many successful negotiators just wear down the other side and part of the motivation is that “the deal is done and you can go have drinks”.
I spent 35+ years in the wholesale distribution business. With 2 family owned closely held companies. Both had leaders who were capable of good business decision making. And they had the power to make them without oversight.
I was in outside sales, sales management, sales support for most of that. Last 5-1/2 years I ran an advertising/print department. Heavy work load and we did whatever it took to get the job done. Weekends and nights when needed. It was necessary to make everything else work. I was never late on a project no matter the unrealistic expectations. We found a way to do it.
I’ve seen it many times.
Many of the customers were the same thing on a smaller scale.
I admire good business judgment. It is an acquired skill, I’ve watched sons following the past generation executive move into power. It is not easy to run a large company like that, but they made decisions like Trump does.