[Outliers] Hetty Green: The Witch of Wall Street

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More than 2,000 books are dedicated to how Warren Buffett built his fortune. Many of them are wonderful. But few pay enough attention to the simplest fact: Buffett’s fortune isn’t due to just being a good investor, but being a good investor since he was literally a child.

As I write this Warren Buffett’s net worth is $84.5 billion. Of that, $84.2

Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness

Auren Hoffman made $60M at 40 then immediately started working 70-hour weeks again by choice He came on Moneywise and we talked about his unusual approach with wealth and angel investing. His money breakdown: -$60M from LiveRamp exit at age... See more

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Some Lessons From Andrew Mellon

Operate from a position of strength. Following his father’s wisdom, Mellon always maintained excess reserves to move quickly and decisively. This allowed him to capitalize on opportunities others couldn’t pursue during the inevitable downturns.

Keep your head, when others are losing theirs . During the 1929

Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness

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