If the government is too abrupt is abandoning a century-old social convention, it will destabilize inflation expectations, introduce a risk premium into bond pricing, and generally induce unexpected macroeconomic instabilities.

To understand this better, let's travel back in time, focusing on the evolution of corporate America as an example. The initial major corporations were family businesses, constructed with the intent of longevity and continuity. They were built to be bequeathed, akin to the great establishments in India such as Tata, and even in Japan. The emphasis wasn't merely on scaling to sell, but on nurturing the business to be transferred across generations.

The greatest leaders have humility. A good leader is a humble leader. A good leader listens to people, gets other inputs, admits when they're wrong… and that boils down to humility; it's the single most important characteristic that I see in leaders.

Just before my father passed away, the company had grown considerably. He said to me, 'I have six children, and who would have believed that you, Frederik, out of all my children would have been the one that succeeded!' I'm not sure that was a compliment!

The essence of this connection lies in an enduring quest to effect positive change in the world. The judgement criteria revolve around whether the individual in question endeavored to make the world a better place.