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Saturday, May 23, 2009

FRB: Speech--Bernanke, Commencement address--May 22, 2009

Key thought:
I do not even remember that he spoke at Harvard last year. All I remembered was J.K. Rowling and the gay wizard. Central bankers did not matter in the late spring of 2008.

Key paragraph

So, my advice to you is to stay optimistic. Things usually have a way of working out. My second piece of advice is to be flexible, even adventurous as you begin your careers. As I have tried to illustrate today, you are much less able than you think to foresee how your life, both professional and personal, will play out. The world changes too fast, and too many accidents and unpredictable events occur. It will pay, therefore, to be creative and open-minded as you search for and consider professional opportunities. Look most carefully at those options that will give you a chance to learn new things, explore new areas, and grow as a person. Think of every job as a potential investment in yourself. Will it prepare your mind for the opportunities that chance will provide?




FRB: Speech--Bernanke, Commencement address--May 22, 2009

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