19. All Together (continue) - Deepstash

19. All Together (continue)

  • Become OK with a lot of things going wrong. You can be wrong half the time and still make a fortune, because a small minority of things account for the majority of outcomes
  • Use money to gain control over your time
  • Be nicer and less flashy. No one is impressed with your possessions as much as you are. You might think you want a fancy car or a nice watch. But what you probably want is respect and admiration. And you’re more likely to gain those things through kindness and humility than horsepower and chrome

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ianpuang

Welcome, I post what i read Everything I post is in the book, I'll quote it if it's my own opinion

The idea is part of this collection:

The Psychology of Money

Learn more about moneyandinvestments with this collection

How to develop a healthy relationship with money

How to create a budget

The impact of emotions on financial decisions

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Be nicer and less flashy

No one is impressed with your possessions as much as you are. You might think that you want a fancy car or a watch, but what you probably want is respect and admiration. And you're more likely to gain those things through kindness and humility than horsepower or chrome.

Have The Right Mindset To Attract Money

1. Go out of your way to find humility when things are going right and forgiveness/compassion when they go wrong.

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19. All Together Now

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Few recommendation for better financial decisions:

  1. Luck and risk are both real and hard to identify
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  4. Time is the most powerful force in investing
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