Motley Fool Money - Is Grit Overrated?
Episode Date: June 23, 2020In general, perseverance is a good thing. But David Epstein, author of the best-selling book Range: Why Generalists Triumph in a Specialized World, points out that demonstrating grit is not always t...he best course of action. Learn more about your ad choices. Visit megaphone.fm/adchoices
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With the Motley Full Money Extra, I'm Chris Hill.
It seems to happen more often in sports than in the business world,
but every now and then you'll hear about someone's perseverance.
They overcame their lack of above-average talent and intellect with hard work, with grit.
But what if grit is overrated?
Last year I got the chance to interview David Epstein in front of a live audience.
David is a New York Times bestselling author.
His most recent book is Range.
why generalists triumph in a specialized world.
And one of the topics that book explores
is a rethinking of the idea
that grit is this inherently great quality
that should be embraced at all times, no matter what.
So grit, you'll probably heard of it,
it's a psychological construct.
You take a survey, half the points are awarded for resilience
and half the points for consistency of interests.
And the most famous study was on actually West Point cadets
who were going through the six-week orientation called Beast Barracks,
and Grit turned out to be a better predictor of who would make it through
than were the more traditional measures.
Most of them made it through anyway, not very many quit.
But that's great.
But then you fast forward to, you know, West Point funds those people
because they want them to stay 20 years,
and yet half of them are leaving basically the day they're allowed.
And is that because they lost their grit?
No, it's because the fastest time of personality change in your whole life
is 18, your late 20s,
and sometimes you develop new interests,
and they gain these skills,
and they see they can do other stuff in the rest of the world.
And that's not a problem of grit.
That's a problem of match quality,
which is why they started the talent-based branching.
And the way that people optimize their match quality
is by trying a bunch of things,
getting as much signal as possible in quitting,
until they get to a better spot.
So I think the sort of deification of not quitting
for the sake of not quitting
should not be extrapolated from a study
that pre-selected people with a six-week goal
that they already had.
So to the extent that grit means,
work hard when it makes sense,
I'm totally on board with that.
I'm Chris Hill.
Thanks for listening. We'll see you next time.
