Principles for Success: "The Abyss" | Episode 4

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Principles For Success,

an ultra mini-series adventure in 30 minutes and in eight episodes.

Episode Four: The Abyss

We progress forward until we encounter setbacks.

Whether or not we get out of them and continue forward or spiral downward depends on whether or not we're willing to face the failure objectively and make the right decisions to turn the loop upward again.

Something terrible happened to me in 1982, when I bet everything on a depression that never came.

The period between 1979 and 1982 as one of extreme turbulence for the global economy, the markets, and for me.

And I believed that the U. S. economy, with the world economy tied to it, was headed toward a catastrophe.

This view was extremely controversial.

I wanted the great upside and very publicly took a big risk and was wrong.

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