Skip to main content

How well-meaning parents ruined us

Growing up, it was common for our parents to encourage us and tell us how we could be anything we wanted in life. "You can do anything you set your mind to do!" They would cheer us on.

"Even the president?" We'd ask unconvinced.

"Yes, you could even become the richest man in the world!"

All this fascinated us. We vowed to ourselves that we'd in fact become people of substance who would be recognized in the entire world for our achievements. We'd ride in super-yachts like Abramovich and the rest of the mega-rich. We would produce life changing inventions, innovating our way to stardom. We'd become the next prodigy in music and sports.

All this is well and good, meant to lift our spirits. Assessing our lives however, no matter how much effort we have put in to realize our dreams and visions, they have eluded us. We have become adept at doing other things though: commenting on FB posts, retweets, identifying the hottest political issues and so on. We have in fact become what we vowed to shun, ordinary people. So, what went wrong?

The average driver thinks that he/she is above average. When we start a business, apparently the chances of closing shop in 10 years is 96% (or so). The chance of us being on earth right now is 1 in 200 million (sperms that fertilize the egg). The chance of being a billionaire is 1 in about 3 million. The probability we will win a Nobel peace prize each year is about 1 in 7 billion. The probability of being on Times 100 most influential people of the year is about 1 in 70 million. The statistics continue. The odds are in fact stacked against us.

While these statistics are obvious, we do not seem to consider them when we set out on our life journeys. We ignore them, and vow to be better. When failure comes, we are shocked. We do not understand where it came from. We do not understand how we could have failed when our parents were so convinced that we would change the world.

We fail to account for statistics as well as other things that are very important to our journeys. Luck or (mis)fortune and environment all play an important role. Not knowing this, we become depressed when we do not make progress in becoming renowned persons. Parents perhaps are not trying to be malicious. They just see how much potential we have and they encourage us, more or less to disastrous ends.

I believe parents should temper their optimism with a dose of statistical realism. They should change their statements to their children from the current cheery/hopeful one to something more down to earth.
"Son/daughter, you can become anything you want in life. But you know what, the chances of overcoming the obstacles, being lucky enough and so on are very slim. And that's ok. Wherever you end up in life, that will be ok."

That, to me, is the kindest thing we can do for the next generation.

Comments

Popular posts from this blog

They told us to wait

They said we should wait. The wazees were deliberating. They were discussing "important" issues of national security and interest. So, we walked out. We stood by the door. It was raining hard, and we strained to stand as close to the wall as possible, to avoid getting drenched. Inside, the air was exuberant. The wazees were laughing heartily as they imbibed to their fill with nyama choma and Tusker baridi . My stomach was grumbling. I looked around at my friend. She was shivering. "She's going to catch a cold if we don't get somewhere warm soon," I thought to myself. I could stay here and wait to see the wazees and tell them why we had come. Or I could save my skin and call it a day (or night). I chose the former. I motioned to Wanjiku to follow me. She seemed shocked. We had come so far, having walked in the wind and rain for two hours. She was heavy with child, and due any day now. We passed the Toyota VXs that had transported the wazees to

Analyzing a carry trade proposal: Short USD, go long on bitcoin

I recently completed an assignment for an International Economics Policy class which entailed designing a carry trade. A carry trade is a financial transaction that involves borrowing (short) in a low interest currency, and lending (go long) in a high interest (yield) currency. For instance from Bloomberg 's rates for bonds, this would involve borrowing in Swiss francs (rate is -0.15 percent) and lend in New Zealand dollars (rate is 2.83 percent). All else remaining equal, the carry trade would yield a rate differential of 2.83+0.15 = 2.98 percent. Note: this is an unusual case where the interest rate we are borrowing from is negative; usually, this would involve subtracting the first interest rate from the second. For instance, borrowing in Japanese yen (0.04 percent) and lending in Kiwi dollars (at 2.83 percent) would yield 2.79 percent as profit. My carry trade in this case involves borrowing in USD at a rate of 2.33 percent, and buying bitcoins. But, what, you may ask, is the

Everything is God

Nothing is too small for God Nothing is too big God is everything God is not mocked God does not mock God is Do not despise anything Do not think yourself too big for anything Do not think yourself too small for anything For you are God A true expression of what God is A child of God A part of God Therefore there's nothing to fear Whatever action you take Wherever you go Whatever you choose Whomever you choose That you have chosen And nothing else could have happened There's no other place you could have been Here you are Right here is where you are And nowhere else And yet everywhere else And therefore, nothing to fear Nothing at all