“First, see clearly. Next, act correctly. Finally, endure and accept the world as it is.”
Ryan Holiday, The Obstacle Is the Way (2014), at 178.
As Ryan Holiday’s description shows, the stoic philosophers had almost the entire risk management cycle accurately summarized centuries ago. We add only the following: after seeing clearly (identifying and prioritizing) and acting correctly (responding), don’t just accept, but improve — and do it all over again:
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