The concept of 'loss aversion' plays a critical role in decision-making, where the pain of losing is psychologically twice as powerful as the pleasure of gaining.
Youth is not a time of life; it is a state of mind; it is not a matter of rosy cheeks, red lips and supple knees; it is a matter of the will, a quality of the imagination, a vigor of the emotions; it is the freshness of the deep springs of life.