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Radical Personal Finance

968: What the Young Man Should Know

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Self-improvement, Business, Education, Investing

4.21.9K Ratings

🗓️ 28 September 2023

⏱️ 35 minutes

🧾️ Download transcript

Summary

What the Young Man Should Know by Robert Littell, from the March 1933 issue of Harper's Magazine

Transcript

Click on a timestamp to play from that location

0:00.0

Glancing out the window I can see the subjects and eventual victim of this inquiry

0:06.8

dangerously perched in the crotch of an old chestnut tree about 15 feet

0:11.8

above the ground.

0:13.4

Should I rush out and tell him to get down,

0:15.6

or should I let him be hoping that he won't climb any higher,

0:19.0

or if he does climb any higher,

0:20.6

hoping that he will not fall. It is probably all right so I shall not

0:26.7

bother him. Tree climbing is one of the things he has learned all by himself. There

0:30.8

aren't many things he will have the fun of learning all by himself.

0:34.0

Most of the things he is going to learn will be hammered into him.

0:37.0

Latin and history and grammar and mathematics up to the binomial theorem.

0:42.0

I'm not worried about his progress up the

0:44.1

latter from high school or boarding school to college and from college to law school or

0:48.2

medical school. It seems incredible that the young biped now perched in the chestnut tree will someday without

0:54.1

stupendous effort on my part or on his eventually graduate from college or even

0:59.8

become a PhD but he will almost certainly. The strictly educational side of his life, once he gets

1:07.2

his hands firmly on the lowest rung of that ancient ladder, will take care of itself.

1:11.6

What concerns me is something entirely different, a good deal more like tree climbing.

1:19.0

I have never heard of a school or a college that gave a course in tree climbing and human life is full of useful

1:25.8

accomplishments and rewarding experiences like tree climbing, like making a speech for example

1:32.3

or being able to take care of oneself on a camping trip.

1:35.6

Abilities that seem to me at least as valuable as a knowledge of conjugations and the dates of battles.

...

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