Last Uncertainty Wednesday I wrote that “Stuff can and will go wrong, with varying degrees of bad consequences.” One direct corollary of this is that we will all face setbacks in our life. A key question then is what happens next. Do you give up? Or do you learn, persist and try a new approach? That latter requires grit. Grit is a character trait that turns out to be a strong predictor of long term success. In her book “Grit,” Angela Duckworth recounts that tests of grit among Westpoint Acade...

Last Uncertainty Wednesday I wrote that “Stuff can and will go wrong, with varying degrees of bad consequences.” One direct corollary of this is that we will all face setbacks in our life. A key question then is what happens next. Do you give up? Or do you learn, persist and try a new approach? That latter requires grit. Grit is a character trait that turns out to be a strong predictor of long term success. In her book “Grit,” Angela Duckworth recounts that tests of grit among Westpoint Acade...