Success is a lousy teacher. It seduces smart people into thinking they can’t lose. - Morgan Housel

Additional quotes by Morgan Housel

you need short-term paranoia to keep you alive long enough to exploit long-term optimism.

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

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If something compounds — if a little growth serves as the fuel for future growth — a small starting base can lead to results so extraordinary they seem to defy logic. It can be so logic-defying that you underestimate what’s possible, where growth comes from, and what it can lead to.

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

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Great books are wine,” Twain said, “but my books are water. But everybody drinks water.

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Same as Ever: A Guide to What Never Changes · November 7, 2023 Verified in 1 source Sign up to see the complete provenance

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