Monday, November 4, 2013

Flourishing as an objective


I have begun to read Mass Flourishing, by Edmund Phelps, a Nobel Laureate in Economics. He begins with the following:
 
“Flourishing is the heart of prospering – engagement, meeting challenges, self-expression, and personal growth…A person’s flourishing comes from the experience of the new: new situations, new problems, new insights, and new ideas to develop and share.”

To flourish is, in my view, a worthy goal. Is it not a great way to live one's life?

One of the reasons the world of investment performance and risk measurement appeals to many of us is its dynamics: it constantly provides new situations, new problems, new insights, and new ideas. It is, in reality, a place to flourish. I hope you agree.

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