The Behavioral Economist
Behavioral finance, growth, small-cap, fund holdings

Targacept: Traveling The Rocky Road To Redemption

Resilience; it's a powerful word. It encompasses the ongoing battle between man and circumstance. It measures one's ability to stand in front of failure, disappointment, hindrance, and fiasco without allowing the situation to dictate surrender. Resilience, more often than not, is what separates "what will be" from "what could have been." Success and resilience often walk hand-in-hand.

Resilience is not exclusive to individuals. In fact, it could be argued, that resilience among groups of people, such as those who would collectively work towards a common goal in a corporate setting, is even more impressive. After all, a single ego is fragile; however, a group of individual egos is a minefield of singularity, sensibility, and personality. It is an entirely different...

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