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Stock prices relative to company assets are no better at signaling the likelihood of future earnings growth than they were the day the Titanic sank, and risk management is a good deal worse.
I worked at a movie theater in Tempe, Arizona, when I went to community college there. And I got fired because a sorority had rented out a theater to watch 'Titanic,' and they were being really rude to me while they were waiting for the movie. So as I tore their tickets, I told them the end of the movie.
Failure saves lives. In the airline industry, every time a plane crashes the probability of the next crash is lowered by that. The Titanic saved lives because we're building bigger and bigger ships. So these people died, but we have effectively improved the safety of the system, and nothing failed in vain.
It was men who stopped slavery. It was men who ran up the stairs in the Twin Towers to rescue people. It was men who gave up their seats on the lifeboats of the Titanic. Men are made to take risks and live passionately on behalf of others.
The truth is that love smashes into your life like an ice floe, and even if your heart is built like the Titanic you go down.