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“Planning is important, but the most important part of every plan is to plan on the plan not going according to plan.”
― Morgan Housel, The Psychology of Money

“Use money to gain control over your time, because not having control of your time is such a powerful and universal drag on happiness. The ability to do what you want, when you want, with who you want, for as long as you want to, pays the highest dividend that exists in finance.”
― Morgan Housel, The Psychology of Money

“The psychologist Roy Baumeister has shown that willpower is a limited resource, so we have to be careful not to deplete it.”
― Guy Spier, The Education of a Value Investor: My Transformative Quest for Wealth, Wisdom, and Enlightenment

“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