Madoff suffered from same delusion- it was never enough. And in turn, ensnared a whole host of victims - keep in mind many of the "regular folk" didnt invest directly with Madoff as they didnt have the $$$ to do so, but in pools/thru other vehicles that were managed by others.
But it was the same lure- Madoff was the ONLY investment firm reporting PROFITS when every other firm was losing money. Red flag.
As a quasi-metaphor- i can sell you home insurance for HALF of what every other carrier offers right now. Without reading the policy, you buying?
of course not. Works the same in reverse. If someone is turning a profit when all others are losing, in a game that has been around for a century and every single angle to make sure-fire bets win has been tried ( within the law ) and nothing works, then that HAS to be a warning.
They didnt deserve to lose their money and more than the folks on this tin can ride deserved to lose their lives. Agreed.
And im probably best described as cynical- not misguided or illogical or bitter.