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The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness
People with enduring personal finance success—not necessarily those with high incomes—tend to have a propensity to not give a damn what others think about them.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Ronald Read was patient; Richard Fuscone was greedy. That’s all it took to eclipse the massive education and experience gap between the two.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
The only way to be wealthy is to not spend the money that you do have. It’s not just the only way to accumulate wealth; it’s the very definition of wealth.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
I love Voltaire’s observation that “History never repeats itself; man always does.” It applies so well to how we behave with money.