long term words.https://bsky.app/profile/morganhousel.bsky.socialhttps://bsky.app/profile/morganhousel.bsky.social/post/3loqpd6jn6k2nA few questions: Which of my strongest beliefs are formed on second-hand information vs. first-hand experience? If I could not compare myself to anyone else, how would I define a good life? A dozen more: https://collabfund.com/blog/a-few-questions-1/09 May 2025 15:07 +0000at://did:plc:hgjoy2dnwsdnwyntflvlamlc/app.bsky.feed.post/3loqpd6jn6k2nhttps://bsky.app/profile/morganhousel.bsky.social/post/3lojck7vhrs24"There are times when chasing the things money can buy, one loses sight of the things which money can't buy and are usually free." https://world.hey.com/davidsenra/the-sugar-king-of-havana-the-rise-and-fall-of-julio-lobo-cuba-s-last-tycoon-8adb899206 May 2025 16:29 +0000at://did:plc:hgjoy2dnwsdnwyntflvlamlc/app.bsky.feed.post/3lojck7vhrs24https://bsky.app/profile/morganhousel.bsky.social/post/3loeak7exws2eThe score card after Buffett announces he's stepping down this year: 5,502,284% for Berkshire vs 39,054% in the S&P 500. I forget who pointed this out but Berkshire could fall 99% and he'd still have outperformed over his career.04 May 2025 16:10 +0000at://did:plc:hgjoy2dnwsdnwyntflvlamlc/app.bsky.feed.post/3loeak7exws2ehttps://bsky.app/profile/morganhousel.bsky.social/post/3lnvddkb7ks22I wrote a new book: The Art of Spending Money Out October 7th. I don't lecture you how to spend, because everyone is different. This book is about: -Attention -Envy -Social aspiration -Comfort -Happiness -Regret -Much more Pre-order here: www.morganhousel.com/aosm28 Apr 2025 17:50 +0000at://did:plc:hgjoy2dnwsdnwyntflvlamlc/app.bsky.feed.post/3lnvddkb7ks22https://bsky.app/profile/morganhousel.bsky.social/post/3lluhmclsrc2g"Men destroy each other during war, themselves during peacetime." -Taleb02 Apr 2025 22:44 +0000at://did:plc:hgjoy2dnwsdnwyntflvlamlc/app.bsky.feed.post/3lluhmclsrc2ghttps://bsky.app/profile/morganhousel.bsky.social/post/3le5f5lrr2222Godspeed to the parents who will spend the next 12 hours assembling toys.25 Dec 2024 16:32 +0000at://did:plc:hgjoy2dnwsdnwyntflvlamlc/app.bsky.feed.post/3le5f5lrr2222https://bsky.app/profile/morganhousel.bsky.social/post/3ldvyp2r3u22l“There is only one success: to be able to spend your life in your own way.” -- Christopher Morley22 Dec 2024 18:01 +0000at://did:plc:hgjoy2dnwsdnwyntflvlamlc/app.bsky.feed.post/3ldvyp2r3u22lhttps://bsky.app/profile/morganhousel.bsky.social/post/3lcsqtdqjts2q"A great way to understand yourself is to seriously reflect on everything you find irritating in others." @kevinkelly.bsky.social08 Dec 2024 17:37 +0000at://did:plc:hgjoy2dnwsdnwyntflvlamlc/app.bsky.feed.post/3lcsqtdqjts2qhttps://bsky.app/profile/morganhousel.bsky.social/post/3lcgf46epa22vErnest Hemingway said F. Scott Fitzgerald had a "romantic awe of [the rich] ... He thought they were a special glamorous race and when he found they weren’t it wrecked him as much as any other thing that wrecked him."03 Dec 2024 19:35 +0000at://did:plc:hgjoy2dnwsdnwyntflvlamlc/app.bsky.feed.post/3lcgf46epa22vhttps://bsky.app/profile/morganhousel.bsky.social/post/3lbwy5csutk2tStigler’s law: No scientific discovery is named after its original discoverer. Coined by University of Chicago statistician Stephen Stigler who, for consistency, says he stole it from Robert Merton. Happens because the best story, not necessarily the right idea, gets people's attention.27 Nov 2024 16:33 +0000at://did:plc:hgjoy2dnwsdnwyntflvlamlc/app.bsky.feed.post/3lbwy5csutk2thttps://bsky.app/profile/morganhousel.bsky.social/post/3lbumdcmdv22yOur internet has been out for 7 days (monster storm) so I got a Starlink and it's one of the most impressive products I've ever used.26 Nov 2024 17:56 +0000at://did:plc:hgjoy2dnwsdnwyntflvlamlc/app.bsky.feed.post/3lbumdcmdv22yhttps://bsky.app/profile/morganhousel.bsky.social/post/3lbuecnkpt22tHere's a podcast I did with Shane Battier, Alex Smith, and Ravi Gupta -- one of my favorite new pods. https://podcasts.apple.com/us/podcast/morgan-housel-the-cost-of-ego/id1766327534?i=100067775012326 Nov 2024 15:33 +0000at://did:plc:hgjoy2dnwsdnwyntflvlamlc/app.bsky.feed.post/3lbuecnkpt22thttps://bsky.app/profile/morganhousel.bsky.social/post/3lbrnebmpzc2lWelcome to the least productive week of the year.25 Nov 2024 13:37 +0000at://did:plc:hgjoy2dnwsdnwyntflvlamlc/app.bsky.feed.post/3lbrnebmpzc2lhttps://bsky.app/profile/morganhousel.bsky.social/post/3lbqdcgphj22qFeels good here. Like Twitter in 2010.25 Nov 2024 01:04 +0000at://did:plc:hgjoy2dnwsdnwyntflvlamlc/app.bsky.feed.post/3lbqdcgphj22qhttps://bsky.app/profile/morganhousel.bsky.social/post/3lbpi7unqcs2dYou don’t have to know exactly what the future holds to know that some people will handle it better than others.24 Nov 2024 16:59 +0000at://did:plc:hgjoy2dnwsdnwyntflvlamlc/app.bsky.feed.post/3lbpi7unqcs2dhttps://bsky.app/profile/morganhousel.bsky.social/post/3lbeypm3wkc2qPodcast: Why pessimism sounds smart. Apple: podcasts.apple.com/us/podcast/why… Spotify: https://open.spotify.com/episode/2lqBPtQDJOdSd9BuSKAeXa20 Nov 2024 12:55 +0000at://did:plc:hgjoy2dnwsdnwyntflvlamlc/app.bsky.feed.post/3lbeypm3wkc2qhttps://bsky.app/profile/morganhousel.bsky.social/post/3lbemqwidpo23Giving this thing a shot again.20 Nov 2024 09:21 +0000at://did:plc:hgjoy2dnwsdnwyntflvlamlc/app.bsky.feed.post/3lbemqwidpo23https://bsky.app/profile/morganhousel.bsky.social/post/3jvrmqj24ix2jGreat clip on Jerry Seinfeld’s decision to end his show. “A small amount of ‘too much’ changes the whole feeling about it. I wanted to end with a feeling of, ‘It was never bad.’” https://youtu.be/sk6O1pCXFno15 May 2023 14:57 +0000at://did:plc:hgjoy2dnwsdnwyntflvlamlc/app.bsky.feed.post/3jvrmqj24ix2jhttps://bsky.app/profile/morganhousel.bsky.social/post/3juymwkerio2nWhen two good things mix into something dangerous. "Take patience and confidence. They both sound great. But mixed together they often form stubbornness, which is a disaster." https://collabfund.com/blog/vicious-traps/05 May 2023 16:24 +0000at://did:plc:hgjoy2dnwsdnwyntflvlamlc/app.bsky.feed.post/3juymwkerio2nhttps://bsky.app/profile/morganhousel.bsky.social/post/3juw4zzw5hb2sReminder that no matter how the economy is performing there will always be a loud group of people saying: - Big recession around the corner - Hyperinflation imminent - The dollar is doomed - The Fed broke everything - Stocks are overvalued Been like that for 100+ years.04 May 2023 16:34 +0000at://did:plc:hgjoy2dnwsdnwyntflvlamlc/app.bsky.feed.post/3juw4zzw5hb2shttps://bsky.app/profile/morganhousel.bsky.social/post/3jutszxvgpj2vGiving this thing a shot!03 May 2023 18:30 +0000at://did:plc:hgjoy2dnwsdnwyntflvlamlc/app.bsky.feed.post/3jutszxvgpj2vhttps://bsky.app/profile/morganhousel.bsky.social/post/3jutp54qq672nA lot of people like making money more than they enjoy having money. The change, not the accumulated amount, is the thrill.03 May 2023 17:20 +0000at://did:plc:hgjoy2dnwsdnwyntflvlamlc/app.bsky.feed.post/3jutp54qq672n