
Everything In Life Is Cyclical
The Morgan Housel Podcast
The Cyclical Nature of Success and Downfall
Success inherently carries the risk of downfall, often stemming from its own weight rather than external forces. This cyclical nature implies that as entities or individuals grow, they may reach a point where their size or success leads to their collapse, similar to a sandcastle collapsing under its own weight. Mistakes arise when the perception of risk is solely linked to external factors, neglecting the internal pressures of one's own achievements. Historical patterns reinforce this idea; for instance, after major wars, societies often vow never to repeat their mistakes, yet the seeds of future conflicts are sown by the very victories they achieve. The desire for vindication and the emergence of new rivals emanate from the aftermath of triumph, demonstrating that victory can lead to fresh challenges and recurring cycles of conflict and resolution.