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Jun 14, 2022 09:21AM

 
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Morgan Housel
“The customer is always right” and “customers don’t know what they want” are both accepted business wisdom. The line between “inspiringly bold” and “foolishly reckless” can be a millimeter thick and only visible with hindsight.”
Morgan Housel, The Psychology of Money

Morgan Housel
“Be nicer and less flashy. No one is impressed with your possessions as much as you are. You might think you want a fancy car or a nice watch. But what you probably want is respect and admiration. And you’re more likely to gain those things through kindness and humility than horsepower and chrome.”
Morgan Housel, The Psychology of Money

Morgan Housel
“Richard Feynman, the great physicist, once said, “Imagine how much harder physics would be if electrons had feelings.” Well, investors have feelings”
Morgan Housel, The Psychology of Money

Morgan Housel
“To grasp why people bury themselves in debt, you don’t need to study interest rate: you need to sturdy the history of greed , insecurity and optimism.”
Morgan Housel, The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness
tags: debt

Morgan Housel
“Saving is the gap between your ego and your income.”
Morgan Housel, The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness

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