Now, ASU, I want to highlight—I want to highlight two main problems with that old, tired, me-first approach to life.
First of all, it distracts you from what's truly important. And it may lead you to compromise your values and your principles and your commitments. Think about it. It's in chasing titles and status, in worrying about the next election rather than the national interests and the interests of those who you're supposed to represent that politicians so often lose their ways in Washington. They spend time thinking about polls, but not about principles.
It was in pursuit of gaudy, short-term profits and the bonuses that came with them that so many folks lost their way on Wall Street, engaging in extraordinary risks with other people's money.