Do You Know Your "Disaster Personality?"

Among the many reasons I married my husband, one of the least talked about is his uncommon ability to take the measure of a situation. Back in the late 90s, he insisted that either we jump into the escalating Washington real-estate market IMMEDIATELY!!! or we would be cast out--far out--to the suburbs. The condo he chose to avert our impending doom, though a bargain, wasn't one I wanted to live in, and I often scoffed that he treated our flimsily constructed four walls and a roof garden in a hip (read seedy) part of town as if it were the last chopper out of Saigon. But it quickly became evident that he'd been right. Within a staggeringly short time entry-level prices went from the $300s to the $800s and if you weren't already in, you were out of luck.

As a Jew--and a person who follows the rules--I long ago decided that I would have ignored the danger signs in prewar Germany that would have sent Ralph packing to safety. And on 9/11/01 I knew that I would have heeded the announcements to stay put in one of the towers where he would have headed for the stairs--and taken five coworkers with him. So I listened with interest to a rebroadcast of The Diane Rehm Show yesterday, where Time reporter Amanda Ripley discussed her book The Unthinkable, which came out this past July.

It turns out that having the confidence to handle whatever comes your way could spell the difference in your success. More than a stockpile of water and duct tape in the basement is mental preparation, i.e., do you know where the exit is on your plane? In your Cineplex 22? I'm not confident yet, but listening to Ripley, I was optimistic for the first time that I could not only "get to know" my disaster personality--how you react in freefall--but to build a better one. 

As for the real-estate market, well...if only Merrill Lynch had listened to Ralph.