This Morgan Housel quote is about markets. It’s also about anything we thought was scary but did anyway in our past, and anything we think looks scary and aren’t sure if we’ll do in our future.
Every past market crash looks like an opportunity, but every future market crash looks like a risk.
In markets, human ingenuity (so far!) has been worth it. When stuff gets ugly, opportunities get bigger, and the history books can tell you the rest.
In life, our own ingenuity is all we’ve got. The impending misstep, disaster, and headache will only read that way in the history books IF we abandon our ingenuity.
Something to think about.
Ps. Google/Oxford defines Ingenuity as, “the quality of being clever, original, and inventive.”