Doing well with money has a little to do with how smart you are and a lot to do with how you behave.Morgan Housel
The premise of good money habits is that your finances are not separate from the rest of your life, but interconnected in ways we seldom consider.Morgan Housel
Compounding is not just how your money accumulates. It’s how your knowledge accumulates. What you learn today will improve what you do tomorrow.Morgan Housel
Wealth is what you don’t see. It’s the money that hasn’t been spent. The cars not purchased. The jewelry not bought. The clothes forgone and the first-class upgrade declined. Wealth is financial assets that haven’t yet been converted into the stuff you see.Morgan Housel
The highest form of wealth is the ability to wake up every morning and say, 'I can do whatever I want today'.Morgan Housel
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
You should like risk because it pays off over time. But you should be afraid of too much risk at any given time because the biggest risk of all is reaching for too much, blowing up, and being left out of the game.Morgan Housel
When you see something crazy you should stare at it and ponder. There is probably something powerful at work.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 ability to stick around longer is the most powerful strength you can have in finance. This is also true in your career. It’s true when running a business.Morgan Housel
Seduction by storytelling is a universal behavior, and there is no story in finance quite like a person who becomes vastly wealthy.Morgan Housel
The hardest financial skill is getting the goalpost to stop moving. But it’s one of the most important.Morgan Housel