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Some Things I Think
Nothing leads to success like unshakable faith in one big idea, and nothing sets the seeds of your downfall like an unshakable faith to one big idea.
Morgan Housel • Some Things I Think
Logic doesn’t persuade people. Clarity, storytelling, and appealing to self-interest do.
Morgan Housel • Some Things I Think
A lot of people seem to have a necessary level of stress, and when their life is going well they make up imaginary problems to fill the void.
Morgan Housel • Some Things I Think
The most valuable personal finance asset is not needing to impress anyone.
Morgan Housel • Some Things I Think
Related: Few traits are as destructive as an appetite for praise.
Morgan Housel • Some Things I Think
Good marketing wins in the short run and good products win in the long run.
Morgan Housel • Some Things I Think
A good test when reading the news is to constantly ask, “Will I still care about this story in a year? Two years? Five years?”
Morgan Housel • Some Things I Think
“It’s good to have people in your life who you don’t want to disappoint.” - Buffett
Morgan Housel • Some Things I Think
Social media makes more sense when you view it as a place people go to perform rather than a place to communicate.
Morgan Housel • Some Things I Think
The same traits needed for huge success are the same traits that increase the odds of failure. We should be careful praising winners or criticizing failures, because they often made similar decisions with different degrees of luck.