The ability to wait is the trait most important for the economic good of the individual. The second-most is enjoyment of having rather than spending. It is only through these that you can turn the power of compounded interest (the eighth wonder of the world) to your advantage rather than detriment.
Another reason why a Gutenberg graduate would have difficulty being as good a president as Ronald Reagan.
"An easily understood, workable falsehood is more useful than a complex, incomprehensible truth. Complex problems have simple, easy-to-understand wrong answers." Murphey
“Calvin: The more you know, the harder it is to take decisive action.
Once you are informed, you start seeing complexities and shades of gray.
You realize nothing is as clear as it first appears. Ultimately, knowledge is paralyzing.
Being a man of action, I cannot afford to take that risk.
Hobbes: You're ignorant, but at least you act on it.”
"paralysis by analysis", vs. "extinct by instinct"
Marx, Engels and Lenin were extremely perspicacious diagnosticians. They, however, proceeded to cure society's ills by bleeding its vital humors.
Understanding the state of affairs is a different skill than determining the optimal course of action.
Semi-Retired Civil Engineer currently a student of Philosophy, Literature and Art in the context of a Great Books Curriculum at Gutenberg College