Ideas from books, articles & podcasts.
created 4 ideas
by Morgan Housel
Why do so many people who are willing to pay the price of cars, houses, food and vacations try so hard to avoid paying price of good investment?
The answer is simple: the price of investing success is not immediately obvious.Its not a price tag you can see, so when bill comes due it feel ...
The highest form of wealth is ability to wake up every morning and say "I can do whatever I want today".
The ability to do what you want, when you want, with who you want, for as long as you want, is priceless. This can only be possible if you have money If you don't have may take a leave...
Generally people make some estimation of markets by seeing the history. But there is always possibility of happening something new that is not expected at all and may be much more dangerous than that is estimated from history.
We can see the example of covid pandemic no one ever estimated ...
created 18 ideas
In the Psychology of Money, Morgan Housel teaches you how to have a better relationship with money and to make smarter financial decisions. Instead of pretending that humans are ROI-optimizing machines, he shows you how your psychology can work for and against you.
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