this quote has stuck for a while.
It doesn't matter where I heard it (YouTube).
It's powerful in its simplicity. Raising a child is perhaps the most complex journey of all, but success is likely governed by few principles.
And this is one of them:
“Your job as a parent is to teach your kids to be the masters of their environment, not to fear it.”
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leverage exists, but is always paired with constraints. Physical limits (think size or speed), cultural friction, or some other factor that prevents scaling out of control and keep the thing going (i.e., alive, not extinct, not permanently ruined)... but in our wonderful world of finance...
the asymmetry of ruin: scalability and lack of friction can turn ordinary mistakes into terminal events
I am no stranger to you. I was born in Troy,
and the blood you see is oozing from no tree...
one climbs a small mountain just to see oneself surrounded by higher mountains that await our approach
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I publish slowly and irregularly