… Happiness tends to be individual; we measure it by asking, “Are you happy?” Joy tends to be self-transcending. Happiness is something you pursue; joy is something that rises up unexpectedly and sweeps over you. Happiness comes from accomplishments; joy comes from offering gifts. Happiness fades; we get used to the things that used to make us happy. Joy doesn’t fade. To live with joy is to live with wonder, gratitude, and hope. People who are on the second mountain have been transformed. They are deeply committed. The outpouring of love has become a steady force.
The people who radiate a permanent joy have given themselves over to lives of deep and loving commitment. Giving has become their nature, and little by little they have made their souls incandescent. There’s always something flowing out of the interiority of our spirit. For some people it’s mostly fear or insecurity. For the people we call joyful, it’s mostly gratitude, delight, and kindness.“— David Brooks From “The Second Mountain: The quest for a moral life”
— John Archibald Wheeler, Annals of the New York Academy of Sciences, 480 (1986)
— Morgan Housel (link)
… What I learned, those first days of college so long ago, wasn’t how to stop being overconfident. (I’m old enough now to realize that I’m unlikely ever to learn that.) What I learned was the power of feedback, the importance of throwing yourself open to being corrected in public. That doesn’t eliminate error and misjudgment. It does teach you to do your homework, to consider the historical and social contexts of your evidence before you draw conclusions, to evaluate the quality of your information before you act on it, to go back and check your work again before you commit, and above all to think twice. Making your decisions as if you will publicly judged on them can, perversely, lead to a different kind of overconfidence: the belief that you’ve now been so careful that you can’t possibly be wrong. But you will at least reduce the risks from the most common upstreamsources of error, like making snap judgments, relying on faulty data, and overlooking relevant evidence.“— Jason Zweig (link)
… Our deepest hope for the children we love is that they will enjoy the liberties of an open-ended destiny, that their desires will be given the free play they deserve, that the circumstances of their birth and upbringing will be felt as opportunities rather than encumbrances; our greatest fear is that they will feel thwarted by forces beyond their control. At the same time, we can’t help poring over their faces and gestures for any signals of eventuality — the trace hints and betrayals of what will emerge in time as their character, their plot, their fate. And what we project forward for the children in our midst can rarely be disentangled from what we project backward for ourselves.(Link)
— From ‘Good economics for hard times’