I find the great thing in this world is not so much where we stand, as in what direction we are moving. -Oliver Wendell Holmes, Jr., United States Supreme Court Justice from 1902 to 1932 The Stockdale Paradox teaches that facing the reality of your current situation is a necessary step to improving it. The…
Tag: Net Worth Statement
Debt, Money Parables
Confronting Your Financial Reality is the First Step to Improving It
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•There’s no difference between a pessimist who says, ‘Oh, it’s hopeless, so don’t bother doing anything,” and an optimist who says, “Don’t bother doing anything, it’s going to turn out fine anyway.” Either way nothing happens. -Yvon Choiuinard, rock climber, environmentalist, and founder of the outdoor clothing company Patagonia Admiral James Stockdale was the…