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“What distinguishes the way a caring family or state institution treats a child from the way an investor would, if they’re both primarily concerned with the child’s future success? An investor may want an asset to achieve its full potential, but the investor doesn’t particularly care whether that kid is happy while they do it. A caring parent, on the other hand, balances an interest in a child’s future achievement with the child’s present wellbeing.” — Malcolm Harris
What distinguishes the way a caring family or state institution treats a child from the way an investor would, if they’re both primarily concerned with the child’s future success? An investor may want an asset to achieve its full potential, but the investor doesn’t particularly care whether that kid is happy while they do it. A caring parent, on the other hand, balances an interest in a child’s future achievement with the child’s present wellbeing.