Dear Reader,

Four years ago, I had a friend and former colleague who was going through a difficult divorce. (Is there any other kind?)

He didn't want to separate from his wife, and he hated being apart from his two young daughters. In the midst of this, he walked into work one day and was suddenly and unceremoniously fired from his job.

That evening he went home and took his own life.

It was a terrible shock to everyone who knew him. And a tragic loss, especially for his girls, who were still in grade school.

I was out of town when I got the call delivering the grim news. I felt awful that I hadn't been there to offer some consolation. Although I confess I don't know what, if anything, I could have done to change his mind. I often imagine I would have simply listened, and maybe offered a few words about Viktor Frankl and "the last human freedom."

Born in 1905, Frankl was an Austrian neurologist and psychologist. He was also a Holocaust survivor.

In 1942, Frankl and his wife and parents were deported to the ghetto of Theresienstadt. From there, he was eventually sent to Turkeheim, a concentration camp not far from Dachau. His wife was shipped to the Bergen-Belsen concentration camp, where she died. His mother and father were sent to Auschwitz, where they too were killed.

After three years, Frankl was liberated by American forces in April 1945. He later wrote a world-famous book about his experience, "Man's Search for Meaning."

In the book, Frankl described the terrible physical and psychological indignities inflicted on he and his fellow captives in the camps. But he also wrote movingly about a particular form of spiritual heroism - one he called "the last of the human freedoms."

"We who lived in concentration camps can remember the men who walked through the huts comforting others, giving away their last piece of bread. They may have been few in number, but they offer sufficient proof that everything can be taken from a man but one thing: the last of the human freedoms - to choose one's own attitude in any given set of circumstances."

The dignified way these men and women bore their sufferings was a magnificent inner achievement. Few of us will ever deal with circumstances as tragic as those experienced by Frankl and millions of his fellow Jews at the hands of the Nazi regime. Yet Frankl shows us that the attitude we bring to our problems can be an inspiration to others... and perhaps even to ourselves.

If you're like me, looking back you often discover that the most difficult circumstances in your life often added the most meaning. Adversity helps show us what really matters.

Painful as these times are, they shape us - and help us grow as individuals. As Tom Culve famously said, "A calm sea does not produce a skilled sailor. We cannot direct the wind, but we can adjust the sails."

This is not just a matter of thinking positively, by the way. Dealing successfully with difficult circumstances is partly about bringing the right attitude to bear. But Frankl also argues that genuine spirituality is not merely the product of right thinking or meditation. It comes from right action. And he offers us a general guideline:

"Live as if you were living already for the second time and as if you had acted the first time as wrongly as you are about to act now." Frankl calls this emphasis on both attitude and responsibility "the categorical imperative."

Following it isn't always easy. Occasionally, life hands us circumstances so dire that nothing practical can be done. (Think of a loved one with a terminal illness.) Sometimes the best we can do is simply play the hand we're dealt.

Still, it is our choice how we play it.

As Frankl writes, "We must never forget that we may also find meaning in life even when confronted with a hopeless situation, when facing a fate that cannot be changed. For what then matters is to bear witness to the uniquely human potential at its best, which is to transform a personal tragedy into a triumph, to turn one's predicament into a human achievement. When we are no longer able to change a situation... we are challenged to change ourselves."

Carpe Diem,


Author's Bio: 

Alexander Green has just launched Spiritual Wealth (

What is “Spiritual Wealth,” exactly?
According to Alex:
"Anything that can be measured in dollars and cents, I call material wealth. Everything else – the love of our families, the health we enjoy, the time we spend doing things we enjoy or working on things that really matter – I call spiritual wealth."

Alex is also the Chairman of Investment U, where his actionable investment ideas are published three times a week. He’s the Investment Director of The Oxford Club, as well, where he’s beaten the S&P 500 nearly 5-to-1 over the last five years.

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