A (rarely recurring) thought for the day

"The trouble with most of us is that we would rather be ruined by praise than saved by criticism." Thus spake Norman Vincent Peale, and its accuracy is probably best-proved by the knowledge we all have that we, the reader, are somehow different from those rubes. 

About which, it's worth reading anything by today's economics Nobel laureate, Richard Thaler, and looking at every other way that we delude ourselves, knowingly or (more often) unknowingly. (His work is really approachable and well-written.) Recognizing our shortcomings has to be a necessary step toward correcting them.