2012: Things I've Learned

By Todd Harrison  DEC 28, 2012 2:50 PM

Reflections and observations.

 


MINYANVILLE ORIGINAL

Editor's Note: Todd posts his vibes in real time each day on our Buzz & Banter.

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

Following the prolonged and perpetuated period of conspicuous consumption, An Age of Austerity has emerged, at least for many who remain mired in our increasingly asymmetric world

Despite the percolating societal acrimony and emerging class warfare, we had to go through it to get through it and we’re going through it now, and that is on the margin constructive. Adversity has not only defined our collective character, it has brought out the best in those determined to effect positive change. 

2012 was an eventful year — from heart surgeries and hurricanes to multiple moves and a marriage — but in the end, our experiences shape who we are and our decisions map where we’ll go. Through it all, we try to remember that the purpose of the journey is the journey itself.
 
This year, there were poignant and painful reminders of the vast difference between loss and loss, and it should never take something bad to make us realize how good we’ve got it. 
 
With that in mind, I humbly share my cumulative list of lessons learned. Many relate to the markets, but most apply to life; in no particular order:
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 scary. There is no script to reference and historical precedent need not apply; we indeed live in 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 an awareness that shapes the present and paves 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 2013 and beyond and from our family to yours, may peace be with you!

R.P.

Twitter: @todd_harrison

No positions in stocks mentioned.

Todd Harrison is the founder and Chief Executive Officer of Minyanville. Prior to his current role, Mr. Harrison was President and head trader at a $400 million dollar New York-based hedge fund. Todd welcomes your comments and/or feedback at todd@minyanville.com.

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