It’s a subtle recognition that people generally aspire to be respected and admired by others, and using money to buy fancy things may bring less of i… - Morgan Housel

Humility, kindness, and empathy will bring you more respect than horsepower ever will.

The trick in any field - from finance to careers to relationships - is being able to survive the short-run problems so you can stick around long enough to enjoy the long-term growth.

Bubbles aren’t so much about valuations rising. That’s just a symptom of something else: time horizons shrinking as more short-term traders enter the playing field.

A decade ago I made a goal to read more history and fewer forecasts. It was one of the most enlightening changes of my life. And the irony is that the more history I read, the more comfortable I became with the future. When you focus on what never changes, you stop trying to predict uncertain events and spend more time understanding timeless behavior. Hopefully this book nudged you down that path.