1/ This was lifted from a FB post...
Any regrets yet??
Biden Update....
2pm yesterday marked Biden’s 50th hour in office. Let’s take a look at the Biden/Harris administration —
- A loss of 52,100 jobs in oil.
- Ended energy independence for the United States.
More from Biden
1. Ben Rhodes’s comment dismissing the concerns of former political prisoners and US hostages in Iran regarding Rob Malley’s potential appointment as Iran envoy is deeply unprofessional and offensive. As my own story illustrates, not everything is about partisan DC politics.
2. In 2016 I was a Princeton graduate student who excitedly supported the JCPOA and the new era of Iran-US diplomacy it was meant to usher. Such was my optimism that I actually went to Iran for dissertation research. That’s when my nightmare began.
3. I was arrested by Iranian security forces and held hostage in Evin prison-away from my wife and infant son-for more than 3 years. The regime knew I was innocent and told me so. It took me 40 months in Evin to comprehend what had happened to me.
4. As a political prisoner I’ve likely had more intensive contact with Iranian hardliners than most Iran watchers in the US, especially US govt officials like Mr. Rhodes and Malley. I believe the insights derived from that experience have a unique value.
5. I support strengthening the nuclear deal, but am convinced the JCPOA of 2015 is well-intended yet inadequate. Simply lifting pressure against Iran and allowing it to benefit from economic integration produced NO further incentive for the regime to change its behavior.
I think Joe Biden should pick his Iran envoy, not Tom Cotton and a bunch of cheerleaders for MBS and American authoritarianism. Elections have consequences.
— Ben Rhodes (@brhodes) January 22, 2021
2. In 2016 I was a Princeton graduate student who excitedly supported the JCPOA and the new era of Iran-US diplomacy it was meant to usher. Such was my optimism that I actually went to Iran for dissertation research. That’s when my nightmare began.
3. I was arrested by Iranian security forces and held hostage in Evin prison-away from my wife and infant son-for more than 3 years. The regime knew I was innocent and told me so. It took me 40 months in Evin to comprehend what had happened to me.
4. As a political prisoner I’ve likely had more intensive contact with Iranian hardliners than most Iran watchers in the US, especially US govt officials like Mr. Rhodes and Malley. I believe the insights derived from that experience have a unique value.
5. I support strengthening the nuclear deal, but am convinced the JCPOA of 2015 is well-intended yet inadequate. Simply lifting pressure against Iran and allowing it to benefit from economic integration produced NO further incentive for the regime to change its behavior.
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I’m torn on how to approach the idea of luck. I’m the first to admit that I am one of the luckiest people on the planet. To be born into a prosperous American family in 1960 with smart parents is to start life on third base. The odds against my very existence are astronomical.
I’ve always felt that the luckiest people I know had a talent for recognizing circumstances, not of their own making, that were conducive to a favorable outcome and their ability to quickly take advantage of them.
In other words, dumb luck was just that, it required no awareness on the person’s part, whereas “smart” luck involved awareness followed by action before the circumstances changed.
So, was I “lucky” to be born when I was—nothing I had any control over—and that I came of age just as huge databases and computers were advancing to the point where I could use those tools to write “What Works on Wall Street?” Absolutely.
Was I lucky to start my stock market investments near the peak of interest rates which allowed me to spend the majority of my adult life in a falling rate environment? Yup.
Ironies of Luck https://t.co/5BPWGbAxFi
— Morgan Housel (@morganhousel) March 14, 2018
"Luck is the flip side of risk. They are mirrored cousins, driven by the same thing: You are one person in a 7 billion player game, and the accidental impact of other people\u2019s actions can be more consequential than your own."
I’ve always felt that the luckiest people I know had a talent for recognizing circumstances, not of their own making, that were conducive to a favorable outcome and their ability to quickly take advantage of them.
In other words, dumb luck was just that, it required no awareness on the person’s part, whereas “smart” luck involved awareness followed by action before the circumstances changed.
So, was I “lucky” to be born when I was—nothing I had any control over—and that I came of age just as huge databases and computers were advancing to the point where I could use those tools to write “What Works on Wall Street?” Absolutely.
Was I lucky to start my stock market investments near the peak of interest rates which allowed me to spend the majority of my adult life in a falling rate environment? Yup.
