Michael Weeks on resilience and financial ruin

Resilience is simply not a matter of size.  A man with $100 million can lose his fortune just as easily as the man with $100 thousand.  There are many roads to ruin, open to rich and poor alike.  Through the ages, fortunes both great and small have succumbed to war, inflation, and confiscation, while many more are squandered each year by those who are overconfident, overleveraged, envious, or simply living beyond their means.

~ Michael Weeks, "Searching for Resilience," Edelweiss Journal, July 7, 2021