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Morgan Housel
“Things that have never happened before happen all the time.”
Morgan Housel, The Psychology of Money

Morgan Housel
“Money’s greatest intrinsic value—and this can’t be overstated—is its ability to give you control over your time.”
Morgan Housel, The Psychology of Money

Morgan Housel
“I love Voltaire’s observation that “History never repeats itself; man always does.”
Morgan Housel, The Psychology of Money

Morgan Housel
“Someone driving a $100,000 car might be wealthy. But the only data point you have about their wealth is that they have $100,000 less than they did before they bought the car (or $100,000 more in debt). That's all you know about them.

We tend to judge wealth by what we see, because that's the (self-edit: only) information we have in front of us.”
Morgan Housel, The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness

Morgan Housel
“Bill Gates once said, “Success is a lousy teacher. It seduces smart people into thinking they can’t lose.”
Morgan Housel, The Psychology of Money

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