At every stage of our lives we make decisions that will profoundly influence the lives of the people we’re going to become, and then when we become t… - Morgan Housel

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At every stage of our lives we make decisions that will profoundly influence the lives of the people we’re going to become, and then when we become those people, we’re not always thrilled with the decisions we made. So young people pay good money to get tattoos removed that teenagers paid good money to get. Middle-aged people rushed to divorce people who young adults rushed to marry. Older adults work hard to lose what middle-aged adults worked hard to gain. On and on and on.48

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Additional quotes by Morgan Housel

Psychologist Jonathan Haidt says people don’t really communicate on social media so much as they perform for one another.

Disagreement has less to do with what people know and more to do with what they’ve experienced. And since experiences will always be different, disagreement will be constant.

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Optimism is usually defined as a belief that things will go well. But that's incomplete. Sensible optimism is a belief that the odds are in your favor, and over time things will balance out to a good outcome even if what happens in between is filled with misery. And in fact you know it will be filled with misery. You can be optimistic that the long-term growth trajectory is up and to the right, but equally sure that the road between now and then is filled with landmines, and always will be. Those two things are not mutually exclusive.

He also writes:

Optimism and pessimism can coexist. If you look hard enough you'll see them next to each other in virtually every successful company and successful career. They seem like opposites, but they work together to keep everything in balance.

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