Bully the Bear has a great article on finding meaning in suffering. I'd thought I would build on this idea by critically examining its ancestral concept of Grit because grit has become the buzzword of the day.
Grit is the ability to take punishment and roll with the punches. People with grit find ways to persist through hardship and self-help literature claimed that gritty people become more successful in life. Because of very persuasive speakers like Angela Duckworth, grit is slowly creeping into the public narrative and it is certainly expected that the best bloggers do talk about grit or its derivative concepts every now and then.
I want to propose that instead of looking at Grit as one true trait of worldly success and financial well-being, it may be more instructive to view grit as a framework of similar ideas in the past on the qualities which leads to success.
Before World War II, the desirable trait to have was high IQ. People with high IQ are faster at grasping new concepts and IQ tests were developed by the US Army to assess the cognitive strengths of new recruits. Singapore took this one step further by creating the gifted program in the 80s as attempts to find better ways to harness our human capital. Unfortunately, with criticisms of elitism, IQ has fallen out of favor in Singapore. While I'm not really a gifted person, I find it ludicrous that intelligent people are made to constantly apologize to the masses for not being able to fit in. I think they can do better by hanging out with normal guys like me who appreciate their quick mental reflexes.
Which lead us to the popular trait of emotional intelligence or EQ which was bandied about in the 90s after becoming viral all thanks to a speech by Goh Chok Tong on a book by Daniel Goleman. Since that event, I bet no GEP student ever gone through their lives without an idiot yelling "You high IQ, but low EQ." at them without realizing that demonizing scholars is itself an act which hints at the lack of empathy.
And now we have Grit. A single measure of persistence which the magic pill to all our personal inadequacies. If a person has grit, he will overcome all personal obstacles in life. If he fails, well, he's just not gritty enough.
I want to caution against the tunnel vision of viewing one single trait for success.
[ This is the same reason I don't think you can become a billionaire by simply spouting the pithy wisdom of Jack Ma. Jack Ma is a unique human being. I'm sure he did not build Alibaba because he spent his younger days spouting the wisdom of some older billionaire to other people. ]
The problem with IQ is simply that not all high-IQ people do well in life. Some whose IQ exceed 200 spent their entire lives being misunderstood and being unable to monetise the millions of ideas floating around in their heads. In the book Peak by Anders Ericsson, a study on Go masters in Korea, Japan and China discovered that their mean IQ was actually only 97.
The problem with EQ is even worse. People who are full of empathy and who develop very powerful control over their emotional awareness are found to be more gullible and tend to fall for scams.
There is currently very little literature on the downside of grit. But I can imagine that a very persistent person may pursue an idea so aggressively that he would either go bankrupt over it or spend a large part of his limited lifespan pursuing a dead end business. As there may be a correlation between grit and conscientiousness, I am guessing that people who are too gritty may even have OCD.
My final argument that we should not be overly obsessed with one trait is based on a study on London cab drivers. Scientists find that those who get a license to drive a London Cab has had significant changes to a certain part of their brains such that they can excel at mental tasks which are similar to that of navigating their cabs. However, some tests done for other mental tasks actually showed that the driver performed worse than average person.
When you try to develop a strength at something, are you doing it at the expense of something else ?
Coming back to the essay Bully the Bear, I agree that framing your suffering as a meaningful task will allow you to overcome more obstacles and lead a more fulfilling life.
But life sometimes throws all sort of problems at you. You might work with complete assholes. Your pay grade may not justify the volume of work that you are given.
Your first question should be : Is this suffering necessary for me to commit so much willpower on this issue?
We're back to facing an investment problem again.
Instead of determining your allocation of financial assets, you should be thinking about allocating your attention and willpower to the problem.