Yes, but I have something he will never have... enough - Morgan Housel

most great things in life — from love to careers to investing — gain their value from two things: patience and scarcity. Patience to let something grow, and scarcity to admire what it grows into.

Lie to people who want to be lied to, and you’ll get rich. 2. Tell the truth to those who want the truth, and you’ll make a living. 3. Tell the truth to those who want to be lied to, and you’ll go broke.

Compounding works best when you can give a plan years or decades to grow. This is true for not only savings but careers and relationships. Endurance is key. And when you consider our tendency to change who we are over time, balance at every point in your life becomes a strategy to avoid future regret and encourage endurance.