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🧠 Short Mental Models on Wealth, Finance, and Happiness.
The most valuable personal finance asset is not needing to impress anyone.
Most financial debates are people with different time horizons talking over each other.
Few things are as persuasive as your own BS, while nothing is easier to identify than other people’s BS.
Few traits are as destructive as an appetite for praise.
Everyone wants to be lucky and to be admired, but no one admires a person for their luck.
You only know someone well if you can correctly predict how they will react in stressful situations.
The most important decision most people will ever make is whether, when, and whom to marry. But that topic is never taught in school. It can’t be – everyone’s different, and you can’t reduce it to a formula or a statistic.
Not caring about temporary things, and obsessing over permanent things, is underrated.
In school they tell you your paper must be a minimum of five pages long. In the real world you have five seconds to catch someone’s attention before they’re bored and move on.
(h/t to Morgan Housel).
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“Fly High, Burn Bright, Be Curious.”