Bonus Points: Contemplating the Cliff

Psychology, Bonus Points

There’s no denying that the world is in an anxious place right now. No matter whether you look outside the window to war and politics or inside your home to increasing prices and shrinking account balances, there are frightening situations all around. Everyone has a pressure point, and it’s enough to make even the most stoic person flinch and start to feel as though they’re standing on the precipice of a bad situation.

An important thing to understand, however, is that while many of the things going on around us are not pleasant they are also not particularly new. Ask your grandfather about the stressful times when he was your age, and you’ll probably gasp at what he experienced. But I bet he also enjoys the time sharing with his grandkids more than you imagine.

That’s in no way meant to diminish the seriousness of the things we’re seeing today, but simply to put the world around us in proper historical context. Life isn’t always easy, yet it goes on. And our overall happiness is largely determined not by how we coast through the good days without worry but by how we productively deal with the hard times.

That’s easier said than done, of course. And I certainly don’t have all of the answers. But to contribute towards that goal in my own small way, here’s a collection of links to articles I’ve been thinking more about lately.

Bonus Points: Failing Early And Often

Psychology, Bonus Points

Today SpaceX launched its new and massive Starship rocket on its first test flight, and the event ended with a flourish. By “flourish” I mean it exploded in spectacular fashion.

One of the more confusing things that seems to be tripping up people unfamiliar with such tests is the reaction of SpaceX employees on the live feed. At the moment when the rocket experienced its “rapid unscheduled disassembly”, rather than hanging their heads in failure the entire team erupted in applause. It’s easy to wonder what world they’re living in.

But engineers watching the event understood. The greatest design achievements are never achieved flawlessly in a single step. If they were, they wouldn’t be such great achievements! So rather than planning forever for a reality full of unknown variables that we’ll never truly understand until we finally hit the launch button, we celebrate failures for what we learn. And we press on creating something even better.

If you’ve ever found yourself evaluating portfolio ideas for the thousandth time without making a decision, stop for a moment to think about the flight crew cheering their work going up in flames. I’m not saying you should make hasty financial decisions. Be smart about it and start small. But at the same time, don’t be afraid to try or regretful when things don’t go as planned. Embrace each small failure as a required educational step towards your long-term success, and before you know it you’ll be enjoying the view from orbit.

Bonus Points: Life After the Ice

Psychology, Bonus Points

My personal neck of the woods recently experienced a pretty significant ice storm. While uncommon, they’re certainly not unheard of and I’ve lived through several memorable examples. But this is the first time I witnessed one from the cozy confines of a home facing an expansive treeline. And man — that was wild.