The Nature of Cyclicality

Everything in life operates on a cyclical basis, which affects not only the economy but also individual careers and personal lives. Historical examples, such as the aftermath of major wars, illustrate this concept; victories often lead to future conflicts as vanquished parties seek revenge or stability. Companies also suffer from this cyclicality, as seen in the decline of past giants like Kodak and General Motors, whose previous successes contributed to their eventual failures due to entitlement and bureaucratic issues. This cyclical nature serves as a reminder that success can pave the way for future challenges without any external forces playing a role.