Piyush Bhagade

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read in October 2022
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Piyush Bhagade Piyush Bhagade said: " A fantastic book from a Nobel laureate. The writing is as simple as can be but the work is extremely nuanced. The book summarises lifetime of experience in economics and decision making. A great thing about the book is although it captions economics ...more "

 
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Morgan Housel
“Less ego, more wealth. Saving money is the gap between your ego and your income, and wealth is what you don’t see. So wealth is created by suppressing what you could buy today in order to have more stuff or more options in the future. No matter how much you earn, you will never build wealth unless you can put a lid on how much fun you can have with your money right now, today.”
Morgan Housel, The Psychology of Money

Nassim Nicholas Taleb
“The curse of modernity is that we are increasingly populated by a class of people who are better at explaining than understanding, or better at explaining than doing.”
Nassim Nicholas Taleb, Skin in the Game: Hidden Asymmetries in Daily Life

Morgan Housel
“A mindset that can be paranoid and optimistic at the same time is hard to maintain, because seeing things as black or white takes less effort than accepting nuance. But you need short-term paranoia to keep you alive long enough to exploit long-term optimism. Jesse Livermore figured this out the hard way.”
Morgan Housel, The Psychology of Money

Morgan Housel
“progress happens too slowly to notice, but setbacks happen too quickly to ignore.”
Morgan Housel, The Psychology of Money

Nassim Nicholas Taleb
“You do not want to win an argument. You want to win.”
Nassim Nicholas Taleb, Skin in the Game: Hidden Asymmetries in Daily Life

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