Thank you, Justin and Delphine for a fascinating discussion. What emerges, clearly, is that the conflict between the need to have the "edge" ('portfolio of winners', 'financially rewarding',) and the need to "do social justice" (ESG & collaborative action) is a fundamental challenge/problem to/in the investment world. It seems to me this is the fundamental root-cause of 'noise': the confusion generated within by the paradox of our competitive drive in conflict with our"need" for cooperative or collaborative behaviour. The result: donning 'multiple hats' [masks] to cope with the psychological upset of paradoxical behaviour. Thanks again for a fantastic discussion of the 'hard stuff' and the much, desperately needed/required 'soft stuff'- our human condition (why, when the ideals of life are to be cooperative, nurturing and loving, are we competitive, aggressive and selfish?).
Thanks for your thoughtful contribution to the conversation, James.
My sense is that one of the meta-tasks we have in life is to find a sweet spot between competition and cooperation. This task is complicated by the fact that the sweet spot is different for different people (with different natural inclinations) at different stages (accumulating or releasing) in different circumstances (scarcity or abundance) in different domains (private or professional).
My sense is also that competition and cooperation need not be mutually exclusive modes of functioning. Perhaps a higher level of functioning is available if we integrate apparent opposites into a new constructive whole, which might open fresh possibilities for ourselves and others.
Thank you, Justin and Delphine for a fascinating discussion. What emerges, clearly, is that the conflict between the need to have the "edge" ('portfolio of winners', 'financially rewarding',) and the need to "do social justice" (ESG & collaborative action) is a fundamental challenge/problem to/in the investment world. It seems to me this is the fundamental root-cause of 'noise': the confusion generated within by the paradox of our competitive drive in conflict with our"need" for cooperative or collaborative behaviour. The result: donning 'multiple hats' [masks] to cope with the psychological upset of paradoxical behaviour. Thanks again for a fantastic discussion of the 'hard stuff' and the much, desperately needed/required 'soft stuff'- our human condition (why, when the ideals of life are to be cooperative, nurturing and loving, are we competitive, aggressive and selfish?).
Thanks for your thoughtful contribution to the conversation, James.
My sense is that one of the meta-tasks we have in life is to find a sweet spot between competition and cooperation. This task is complicated by the fact that the sweet spot is different for different people (with different natural inclinations) at different stages (accumulating or releasing) in different circumstances (scarcity or abundance) in different domains (private or professional).
My sense is also that competition and cooperation need not be mutually exclusive modes of functioning. Perhaps a higher level of functioning is available if we integrate apparent opposites into a new constructive whole, which might open fresh possibilities for ourselves and others.