Book
The Psychology of Money
Morgan Housel
- financial success is not a hard science. It’s a soft skill, where how you behave is more important than what you know. (Location 80)
- The challenge for us is that no amount of studying or open-mindedness can genuinely recreate the power of fear and uncertainty. (Location 149)
- Spreadsheets can model the historic frequency of big stock market declines. But they can’t model the feeling of coming home, looking at your kids, and wondering if you’ve made a mistake that will impact their lives. (Location 152)