Everything is cyclical, and the thing that’s easy miss about cyclicality is that it doesn’t require any outside force to push it in the other direction. The act of getting big is enough to make you smaller without being pushed by anyone or anything.
A lot of mistakes in life come when you think risk is something caused by external forces, when in fact the weight of your own success is enough to pull you down without any outside help.
-Morgan Housel, from here
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