While there's no doubt that an ex-KGB/FSB agent lives on information, Putin is far from being just an ex-agent, he's a 20-year dictator who can pick and chose what he wants to believe and who he can trust to accept information. It's only human nature to choose not to hear bad/adverse information and appreciate good info, when you have dictatorial powers, it's hard to find people to tell you the worse without sugar coatings and such, so yeah, you become misinformed as a matter of course over time.
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