73 years in 5,000 words

If you fell asleep in 1945 and woke up in 2018 you would not recognize the world around you. The amount of growth that took place during that period is virtually unprecedented. […] And if you tried to think of a reasonable narrative of how it all happened, my guess is you’d be totally wrong. Because it isn’t intuitive, and it wasn’t foreseeable 73 years ago.

~ Morgan Housel from, http://www.collaborativefund.com/blog/how-this-all-happened/

The story this tells is one I’d never seen woven together this clearly. Over many years I’d heard each of the pieces which are included, and this lays out a coherent story that looks like a Chutes and Ladders playing board. (To my astonishment, I just learned that the beloved children’s board game I’ve mentioned is a dumbed-down version of a very old game called Snakes and Ladders.) If history is any teacher—and it is, because history rhymes—I will certainly be unable to imagine the actual story of the coming years writ large. That’s not a bad thing! Be sure you at least scroll to the bottom of that article as the author is optimistic. As am I.

In a completely different vein, as I was adding tags to this post I made an interesting discovery. I always create a tag for the person who wrote whatever-it-is that I’m referencing. I was surprised to find out that I already have a tag for Housel despite my not recognizing the name. Click the tag below, as it turns out there’s another gem from 2018.


Sometimes things happen

People’s lives are a reflection of the experiences they’ve had and the people they’ve met, a lot of which are driven by luck, accident, and chance. The line between bold and reckless is thinner than people think, and you cannot believe in risk without believing in luck, because they are two sides of the same coin. They are both the simple idea that sometimes things happen that influence outcomes more than effort alone can achieve.

~ Morgan Housel from, http://www.collaborativefund.com/blog/the-psychology-of-money/

This is a long read. It was worth every minute that it took me to read it twice.