The young will always be surprised that the old were once young. The old, too, are surprised by this, but then their memory isn’t what it was.
* * *
And they came to him and said, Master, six months ago, on the advice of our cousin, we went deep into a portfolio of diverse, predominantly investment-grade corporate obligations, backed by a most grievous credit default swap. What shall we do?
And he said unto them: lo, verily it is written that they that sow the wind shall reap the whirlwind. For would you eat of an hot dog that was described as “predominantly food-grade meat”? No, wait, bad example.
* * *
Trust not in the maker of pithy maxims. I bet you don’t even know what pith is.