The second wave sets in with puberty and determines the final outcome of sexual life. Although the diphasic nature of object-choice comes down in essentials to no more than the operation of the latency period, it is of the highest importance in regard to disturbances of that final outcome.
Freud establishes puberty as the second, determining wave of diphasic object-choice, whose pathological significance lies in how it revives and transforms the repressed residues of infantile sexuality.
, Three Essays on the Theory of Sexuality, 1905thesis