\n<\/p>\n
My Dad explained supply and demand to me in 3rd grade. <\/p>\n
He said, \u201cWhen there\u2019s more demand than supply, prices go up. When there\u2019s more supply than demand, prices will go down.\u201d<\/p>\n
So simple. But it stuck. Even today, I can feel that concept light up my brain. <\/p>\n
Something about it is fundamental. It explains so much of our modern world. <\/p>\n
That was my first lesson in markets and I guess that\u2019s when I got hooked. Now, here we are 25 years later\u2026<\/p>\n
Its a core memory for me. Just as much as watching Michael Jordan and the Bulls complete the second 3-peat. <\/p>\n
I\u2019m quite positive he doesn\u2019t remember teaching me this, but I\u2019m thankful he did. It may have set the course of my life. It\u2019s served me well.<\/p>\n
Here are two parenting reminders to myself. First, teach your kids things, even if you don\u2019t think they\u2019ll understand. Second, stay on guard, because you never know what little moment will become a core memory. You want it to be good one.<\/p>\n