Aug

12

Mocking Risk, from Russ Sears

August 12, 2009 |

It has been my experience with the wiser gender that mother and wife have a superior sense about when mocking fear turns into the overconfidence of mocking risks.  Which may explain why the motherly bank analyst has had superior analysis of late.  Further, it may give insight into why a certain trader's ex wished she knew all his trades… not that he was wrong so often as she bitterly proclaimed, but because she had the good sense to know when he had erred.  Finally, it may be a better explanation of why Iceland failed and why sufficient women on a board signal better returns, if the reporting is accurate.

Gordon Haave replies:

G HThe mother and the wife are like Wall Street.  They privatize the rewards (wife — i need a new house, mother — my son is so great) and socialize the risks (mother — you should have listened to me and been a lawyer, wife — see ya later).

They are both a necessity at some point, but don't let them influence your self-esteem.  Men are defined by their actions, what they accomplish, and what they impart to their children (which includes how they treat their wife and mother).  However, never put your self-esteem in the vise of your wife or mother.


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