Getting money is one thing. Keeping it is another. - Deepstash
Getting money is one thing. Keeping it is another.

Getting money is one thing. Keeping it is another.

Getting money and keeping money are two different skills.

Getting money requires taking risks, being optimistic, and putting yourself out there.

But keeping money requires the opposite of taking risk. It requires humility, and fear that what you’ve made can be taken away from you just as fast. It requires frugality and an acceptance that at least some of what you’ve made is attributable to luck, so past success can’t be relied upon to repeat indefinitely.

78

703 reads

CURATED FROM

IDEAS CURATED BY

riri21

Bibliophile📚

Some takeaways that resonated with me reading this book.

Similar ideas to Getting money is one thing. Keeping it is another.

Getting Wealthy vs. Staying Wealthy

Getting Wealthy vs. Staying Wealthy

Good investing is not about making good decisions. It’s about consistently not screwing up. There are a million ways to get wealthy. The only way to stay wealthy is some combination of frugality and paranoia.

  • Money success in a single word: survival. The ability to sti...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates