Another inefficiency associated with the old industrial world is that people were scarcely matched with jobs that they had the potential to be great at; most jobs were within large firms. Most large firms had clearly defined roles and procedures that employees had to fit into. The result was a world that was safe for average people.
To know that no matter what, their parents will be there to help them, take care of them, protect them, give them food and shelter, and emotional/physical love
You wouldn’t think flair is useful to a value investor. But it’s important to see things your own way. To have a unique take on the investment universe. To sift through thousands and thousands of options without generating a wish list that matches everybody else’s.