This crisis exposed very significant problems in the financial systems of the United States and some other major economies. Innovation got too far out in front of the knowledge of risk.

Meaning

This quote articulates a concise principle related to wisdom. It hints that wisdom grows through experience and reminds us that understanding takes time.

Theme

The concept of wisdom has always been central to human experience. People explore it because people seek clarity and insight. Such quotes show that listening brings understanding.

About the Author

Many popular reflections are credited to Timothy Geithner, including this one. Their words often comment on themes like wisdom.

Style and Structure

Its rhythmical and compact form uses contrast to strengthen the statement.

FAQ

What does this quote mean?
wisdom grows through experience.

Why is it popular?
It speaks clearly about wisdom, making it widely relatable.

How can it be applied?
It encourages us to we think before acting.