The Economic Schools of Thought

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A Shift in Perception Transforms Reality

Reality Check Ahead

By Vitaliy Katsenelson CFA,

“When you arise in the morning think of what a privilege it is to be alive, to think, to enjoy, to love …”

-Marcus Aurelius


As I look at 2020, I have very conflicting feelings. On one hand, the year was horribly tragic for many people who lost loved ones and businesses. My heart goes out to the nearly two million people worldwide who have lost their lives to COVID and their grieving families, and to the tens of millions in this country now suffering from economic hardship.

On the other hand, the worst that many people, including me, have suffered from this virus, has been annoying inconvenience. Thankfully, almost all my relatives and friends are in this category. Yes, we cannot see our extended family and friends; yes, we have not been able to travel or go to concerts or sporting events. The events of last year led me to an important personal, philosophical breakthrough. This was the year that I embraced Stoic philosophy.


Your thoughts are appreciated.


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