Things I've Learned!

Todd Harrison
  DEC 31, 2010 8:00 AM

Experience and perspective make for splendid bedfellows.

 


The last few years forever changed the socioeconomic landscape and seismically shifted our collective perception of what we do, how we do it, and whom we do it with.

An era of conspicuous consumption became The Age of Austerity; at least for some, in this increasingly asymmetric world.

Despite percolating societal acrimony and emerging class warfare, adversity defined character and brought out the best in those determined to effect positive change.

There were unfortunate hardships and numerous reasons to lament but we learned to appreciate the simple pleasures and be thankful for what they once took for granted.

As we look back and cast an eye ahead, new-found perspective will go a long way. With that in mind, I humbly share this cumulative list of lessons I’ve learned. Many relate to the markets but most apply to life:
 


These are dynamic times and history will reflect on them with knowing wisdom, learned lessons, and gained experience.

For those navigating the crosscurrents in real-time, it’s often overwhelming and sometimes quite scary. There is no script to reference and historical precedents need not apply; these are indeed interesting times.

We sometimes say that if you’re not part of the solution, you’re part of the problem. That’s not some glib off-the-cuff quip, it’s awareness that will shape the present and pave a path for future generations.

We have an opportunity to affect our outcome, teach our children, and leave the world a better place than we found it. It won’t be easy, but anything worth having rarely is.

Fare ye well in 2011 and beyond. And from our family to yours, may peace be with you!

R.P.

 

No positions in stocks mentioned.