The End of Wall St's Boom

If you liked Moneyball and Liar's Poker, I strongly recommend that you read Michael Lewis' latest essay, "The End of Wall St's Boom."

Brilliant.

Tenacity

We live in a world of challenge and adversity. I am sure that each of you, at times, feels the weight of expectation and the burden of failure.

Take heart, the greatest of successes are forged in trying times. Like Job, Lincoln serves as inspiration.

A list of Abraham Lincoln failures (along with a few successes) follows:

• 1831 - Lost his job
• 1832 - Defeated in run for Illinois State Legislature
• 1833 - Failed in business
• 1834 - Elected to Illinois State Legislature (success)
• 1835 - Sweetheart died
• 1836 - Had nervous breakdown
• 1838 - Defeated in run for Illinois House Speaker
• 1843 - Defeated in run for nomination for U.S. Congress
• 1846 - Elected to Congress (success)
• 1848 - Lost re-nomination
• 1849 - Rejected for land officer position
• 1854 - Defeated in run for U.S. Senate
• 1856 - Defeated in run for nomination for Vice President
• 1858 - Again defeated in run for U.S. Senate
• 1860 - Elected President (success)

Feel better?