Arpit Sharma

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Morgan Housel
“The correct lesson to learn from surprises is that the world is surprising.”
Morgan Housel, The Psychology of Money

Seneca
“Nothing, to my way of thinking, is a better proof of a well ordered mind than a man’s ability to stop just where he is and pass some time in his own company.”
Seneca

Morgan Housel
“But do you know what happened during this period? Where do we begin ... 1.3 million Americans died while fighting nine major wars. Roughly 99.9% of all companies that were created went out of business. Four U.S. presidents were assassinated. 675,000 Americans died in a single year from a flu pandemic. 30 separate natural disasters killed at least 400 Americans each. 33 recessions lasted a cumulative 48 years. The number of forecasters who predicted any of those recessions rounds to zero. The stock market fell more than 10% from a recent high at least 102 times. Stocks lost a third of their value at least 12 times. Annual inflation exceeded 7% in 20 separate years. The words “economic pessimism” appeared in newspapers at least 29,000 times, according to Google.”
Morgan Housel, The Psychology of Money

Morgan Housel
“But there’s only one way to stay wealthy: some combination of frugality and paranoia.”
Morgan Housel, The Psychology of Money

Seneca
“The mind that is anxious about future events is miserable.”
Seneca

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