1.03.2006

TIP: Failure as an opportunity to reshuffle the deck

Jane Genova observed: ...It wasn't until relatively recently that America got philosophical about failure in general, and losing everything, more specifically. As Scott Sandage chronicles in his book "Born Losers: A History or Failure in America," in the early days of American capitalism failure was not only a professional tragedy. It was also viewed as a moral one. Those failing, seen as misfits in capitalism, let America down...

Now, failure is viewed as almost grace, good karma, a unique opportunity to reshuffle the deck. Think Steve Jobs who was kicked out of his own company and went on to create iPod. Think Bill Clinton who lost the Governor's race, figured out how to win big and went on to two terms as US president. Think Jimmy Carter who wasn't elected for a second term and now is America's unofficial ambassador of values...

Category: C++ Quant > Fix the Job You Got

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