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

Having a strong sense of controlling one’s life is a more dependable predictor of positive feelings of wellbeing than any of the objective conditions of life we have considered.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
life isn’t any fun without a sense of enough. Happiness, as it’s said, is just results minus expectations.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
The hardest financial skill is getting the goalpost to stop moving.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
There is no reason to risk what you have and need for what you don’t have and don’t need.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
The challenge for us is that no amount of studying or open-mindedness can genuinely recreate the power of fear and uncertainty.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Therefore, focus less on specific individuals and case studies and more on broad patterns.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Voltaire’s observation that “History never repeats itself; man always does.”
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
knowing what to do tells you nothing about what happens in your head when you try to do it.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
financial success is not a hard science. It’s a soft skill, where how you behave is more important than what you know.