“Cipolla divides people into four categories: helpless, bandit, intelligent and stupid.
In any normal interaction between two people, he contends, the helpless person suffers a loss while the other gains.
The bandit exacts a benefit while levying a loss on the other.
The intelligent person gains while enabling the other person also to gain.
The defining trait of the stupid person is that he gains nothing while obliging the other to take a loss.” – wsj.com
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