Louis XIV Would Envy Your Life
Using your money to buy time and options has a lifestyle benefit few luxury goods can compete with.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness


Modern capitalism is a pro at two things: generating wealth and generating envy. Perhaps they go hand in hand; wanting to surpass your peers can be the fuel of hard work. But life isn’t any fun without a sense of enough. Happiness, as it’s said, is just results minus expectations.