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The premise of this book is that doing well with money has a little to do with how smart you are and a lot to do with how you behave. And behavior is hard to teach, even to really smart people.
“Nowhere in any great library of the world did it say one had to let a mighty injustice occur before getting out of your chair. Better to parry the sword than heal the wound it made in the flesh.”
― The Dawn of Yangchen
― The Dawn of Yangchen
“Manage your money in a way that helps you sleep at night.”
― The Psychology of Money
― The Psychology of Money
“Wealth is the nice cars not purchased. The diamonds not bought. The watches not worn, the clothes forgone and the first-class upgrade declined. Wealth is financial assets that haven’t yet been converted into the stuff you see.”
― The Psychology of Money
― The Psychology of Money
“As Graham puts it, “while enthusiasm may be necessary for great accomplishments elsewhere, on Wall Street it almost invariably leads to disaster.”
― The Intelligent Investor
― The Intelligent Investor
“The historical odds of making money in U.S. markets are 50/50 over one-day periods, 68% in one-year periods, 88% in 10-year periods, and (so far) 100% in 20-year periods.”
― The Psychology of Money
― The Psychology of Money
Justin’s 2025 Year in Books
Take a look at Justin’s Year in Books, including some fun facts about their reading.
3 books
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45 friends
0 books
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13 friends
13 books
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5 friends
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