Luck
The Saturday Note

Luck

This week my wife and I were in Seaside, FL, enjoying fall break with a couple of other families and seven teenage boys.?

When I say enjoy...I was chaperoning seven teenage boys at the beach...so if you know you know.

Then Hurricane Helene decided to make an appearance.

The storm was on a path to hit the town, and just as it was about to make landfall, I had to leave for a conference in Texas.?

Leaving my wife and the boys behind, I felt a deep sense of guilt. (Pro marriage tip: Don't do this!)

I knew they would be okay, but it’s never easy to leave your loved ones in the face of uncertainty.?

My wife is a Louisiana?girl and she was not overly concerned.

My flights to Texas were uneventful, and, as it turned out, the storm’s impact on Seaside was negligible.?

Thankfully, my family and friends made it back to Atlanta safely.

However, on my flight back to?Atlanta the?next day, I read about the devastation that Helene caused across other parts of the South.?

The contrast was stark: We were incredibly "lucky."

This morning I received a picture of a friend's house in Florida.?

It was literally 'gone.' Just the slab remained.?

Luck is an invisible force that plays a crucial role in our lives, often in ways we don't even realize.?

Morgan Housel, in his book The Psychology of Money, offers a great perspective on luck.?

He explains that luck and risk are two sides of the same coin.?

While it’s tempting to attribute our successes solely to our skills or hard work, the reality is that luck plays a far more significant role than we might want to admit.?

The same is true for risk—bad luck can strike anyone, regardless of how prepared or diligent they are.

In this instance, we were fortunate that the storm’s path shifted, sparing my family from its worst effects.?

But this experience serves as a humbling reminder that no amount of planning can fully control the randomness of life.?

We were simply in the right place at the right time—through no effort or foresight of our own.

Housel’s insights on luck remind us to stay humble and grateful.?

Recognize the breaks that have gone your way, and remember that others may not have been as lucky.?

Also...don't leave your family in the path of a hurricane...?


RIA Stories from Resilient Advisor


要查看或添加评论,请登录

Jay Coulter, CFP?, CIMA?的更多文章

  • Avoid Negative People

    Avoid Negative People

    Shameless Ask: We are getting ready to launch a new season of the podcast. It be a HUGE help if you could write a…

    3 条评论
  • How Leaders Should Communicate

    How Leaders Should Communicate

    Nelson Mandela's father was chief of the Madiba clan of the Xhosa-speaking Tembu people and died when Nelson was still…

    1 条评论
  • The Problem With WFH

    The Problem With WFH

    This week an audio was released of JP Morgan CEO unleashing on several issues including work-from-home (WFH)…

    1 条评论
  • A Wake-Up Call

    A Wake-Up Call

    This week I sat down at a conference room table for a board meeting. The board oversees a world-class RIA that was…

    3 条评论
  • Gold Prospecting & Building Creativity

    Gold Prospecting & Building Creativity

    Years ago, the late Dr. Rollo May was asked the question: "What is wrong with man today?" His response was simple: "Men…

  • Generational Wealth

    Generational Wealth

    Growing up in a challenging environment in Atlanta, Georgia, Inky Johnson had one goal: to make it to the NFL and…

    4 条评论
  • Premortem

    Premortem

    Ron Shaich is a 71 year old Billionaire and founder of Panera Bread. He does not do 'New Years Resolutions.

    2 条评论
  • Go Where You Are Valued

    Go Where You Are Valued

    A fable for this week: Before he died, a father said to his son; "Here is a watch that your grandfather gave me. It's…

    1 条评论
  • 10X Is Easier Than 2X

    10X Is Easier Than 2X

    “10X isn't about more. It's about less.

    9 条评论
  • All Market Bubbles Pop

    All Market Bubbles Pop

    "The time to repair the roof is when the sun is shining." - President John F.

    5 条评论

社区洞察

其他会员也浏览了