After the market rallied nearly 11% on Monday, it dropped 1.5% yesterday, and another 9.3% today. Given that I manage money for a living, and am experiencing this manic market firsthand, I find myself somewhat sympathetic to stories of folks stuffing their money under a mattress. Do I think that taking a moment to be kind to ourselves -- to nurture ourselves -- is probably in order. In fact, curling up for a quick nap on that mattress under which we are thinking of stuffing our money might not be a bad idea. But then what? Do we really liquidate all our positions, and sit entirely in cash?
Said Mrs. Which in the beloved children's book, A Wrinkle in Time, You have something that IT has not. This something is your only weapon. But you must find it for yourself. One of my beloved childhood books was A Wrinkle in Time. As I read the below passage from Ms. L'Engle's memoir A Circle of Quiet, I couldn't help but wonder, what if she had given up on her ambition, if she hadn't dared to dream? She writes, "I am often asked how I came to write A Wrinkle in Time. Even with all the hindsight of which I am capable I can't quite explain it. It was during a time of transition. We had sold the store, were leaving the safe, small world of the village, and going back to the city and the theatre..."