When someone is viewed as more extraordinary than they are,… - Morgan Housel

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When someone is viewed as more extraordinary than they are, you're more likely to overvalue their opinion on things they have no special talent in. Like a successful hedge fund manager's political views, or a politician's investment advice.

Morgan Housel

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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Tony Robbins Robert Kiyosaki Tim Ferriss Naval Ravikant Charlie Munger

Additional quotes by Morgan Housel

Saving is the gap between your ego and your income.

The End of History Illusion is what psychologists call the tendency for people to be keenly aware of how much they’ve changed in the past, but to underestimate how much their personalities, desires, and goals are likely to change in the future.

The fundamental cause of the trouble is that in the modern world the stupid are cocksure while the intelligent are full of doubt. — BERTRAND RUSSELL

When someone is viewed as more extraordinary than they are, you're more likely to overvalue their opinion on things they have no special talent in. L… - Morgan Housel

Additional quotes by Morgan Housel