The incredibly secure would tell you to take your process and shove it. I'm not sure to what degree "bright" and "secure" correlate. I suspect that they may do so eventually, but I think many bright young people are still insecure with respect to jobs and employment.
Heh. Someone was recruiting me a few weeks back. The company/position looked somewhat interesting but, as we talked, it turned out that what they were looking for wasn't quite my core skill set though I could probably have done it. At the end of the day, it was much easier just to say not a good match at this time so both of us could move on. If I were really looking for something, I suppose I would have felt the need to pitch myself more for the position and have them say no.