I guess I agree but the thing is that "greed" and "over-caution" actually very similar. Over-caution is greed for income without risk.
For example, Bernie Madoff's appeal wasn't based on offering income level that no mutual fund could match but rather offering an apparent combination of income and stability that no mutual fund could match (10%/year as reported each quarter).
I think there are some differences, but regardless within the context of this article the author states:
"it wasn’t an excess of greed ..., but rather an excess of overcaution"
I disagree with this statement, and clearly, based on your definition here, this can't be true either. Unless, saying "is wasn't greed it was greed" actually makes sense. Obviously I don't think you believe that, I'm just pointing out a major issue with the article as a whole.
I guess I agree but the thing is that "greed" and "over-caution" actually very similar. Over-caution is greed for income without risk.
For example, Bernie Madoff's appeal wasn't based on offering income level that no mutual fund could match but rather offering an apparent combination of income and stability that no mutual fund could match (10%/year as reported each quarter).