TheRealArticle '25–'26 app cycle

Another thing, of course, is life will have terrible blows, horrible blows, unfair blows. It doesn’t matter. And some people recover and others don’t.

Every mischance in life [is] an opportunity to learn something and your duty [is] not to be submerged in self-pity, but to utilize the[se] terrible blow[s] in a constructive fashion. That is a very good idea.

Charlie Munger addressing the 2007 graduates of the University of Southern California Gould School of Law.