Psychologist Philip Tetlock once wrote: “We need to believe… - Morgan Housel

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Psychologist Philip Tetlock once wrote: “We need to believe we live in a predictable, controllable world, so we turn to authoritative-sounding people who promise to satisfy that need.

Morgan Housel

The Psychology of Money · September 7, 2020 Verified in 1 source Sign up to see the complete provenance

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Tony Robbins Robert Kiyosaki Tim Ferriss Naval Ravikant Charlie Munger

Additional quotes by Morgan Housel

The first rule of happiness is low expectations

A plan is only useful if it can survive reality. And a future filled with unknowns is everyone’s reality.

I visualized my grief if the stock market went way up and I wasn’t in it — or if it went way down and I was completely in it. My intention was to minimize my future regret. So I split my contributions 50/50 between bonds and equities.

Psychologist Philip Tetlock once wrote: “We need to believe we live in a predictable, controllable world, so we turn to authoritative-sounding people… - Morgan Housel

Additional quotes by Morgan Housel