Ask A Genius 259 – Necessity of Long-Term Thinking (2)
Author(s): Scott Douglas Jacobsen and Rick Rosner
Publication (Outlet/Website): Ask A Genius
Publication Date (yyyy/mm/dd): 2017/08/14
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Rick Rosner: John Maynard Keynes said that during the great depression, when somebody must’ve asked him what’s the best long term solution. And he was saying, f- long term solutions. We need to do something about now.
And the deal is, we’re perishable. We are flowers that bloom for a day and then die. We’re done in, even though our life spans are longer, now by, you know, 20 years or so than they were when Maynard Keynes said in the long term we’re all dead—in the long run we’re all dead.
We’re still all dead eventually and pretty quickly. I’ve been helping my mother in law move into her senior living community. You know, where the average age is, mid 80s. And I’m mid to late 50s now, but we do not have much time.
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