Resilience and Recovery
Money Lessons with Andrew Temte, PhD, CFA · saturdaymorningmuse
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Show Notes
Resilience is defined as “the capacity to withstand or to recover quickly from difficulties” (Oxford Dictionaries). The American Psychological Association defines resilience as “the process and outcome of successfully adapting to difficult or challenging life experiences.” In most definitions of resiliency, adversity, shock, and/or change occurs that an individual or system must adapt to. Individuals or systems that are resilient are able to absorb and adapt to said adversity, shock, or change more efficiently than their peers.
https://www.andrewtemte.com/