We Learn Old Data

In times of change, learners inherit the Earth, while the learned find themselves beautifully equipped to deal with a world that no longer exists.
     ~Eric Hoffer, American Social Philosopher

This quote really caught my eye when I first saw it, because of how it translates into the lives of college students like myself. And no, I’m not talking about that sixty-year old professor who drones on endlessly. In this case, I and my contemporaries are all too often “the learned.” We run the risk of getting the arrogant idea that just because we have a nice, pretty diploma, we know all we need to know.

Not in this generation.

Good professors of business teach with the foundation of their personal experience in the world of business to guide them. But by its nature, that information is dated. Even coming from those professors who split their time between professional careers and their teaching duties, the information is only current at best. There’s nothing that guarantees it will even be relevant tomorrow. Even relatively rigid disciplines such as accounting are subject to change, and sometimes very quickly.

Am I disregarding my $120K education, then? Hardly. (Mom & Dad would kill me, after all.) We certainly need a solid foundation to be able to operate on a professional level. But a foundation is not a roof. Nor can you look through the windows in a foundation to see that next great opportunity. An education, a degree, a certification…they’re all good. But we must continue to move forward if we wish to continue being relevant in today’s fast-paced world of business.

Thanks for reading,



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About Taylor Kothe

I'm a husband, accountant, and sometime blogger from Tulsa, Oklahoma. My passion is for personal finance, especially as it relates to teaching everyday people how to handle their everyday incomes and expenses. If you've ever found yourself lost in a rising tide of strange financial terms and incomprehensible policies, you're far from alone. So let's put our heads together and see if we can de-mystify some of the financial challenges that we all face.

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