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"When judging others, attributing success to luck makes you look jealous and mean, even if we know it exists. And when judging yourself, attributing success to luck can be too demoralising to accept." Morgan Housel, The Psychology of Money

"Few people make financial decisions purely with a spreadsheet. They make them at the dinner table, or in a company meeting. Places where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled t

What's your take on this? This is from The Psychology of Money by Morgan Housel. "Studying a specific person can be dangerous because we tend to study extreme examples—the billionaires, the CEOs, or the massive failures that dominate the news—and

From Janitor to millionaire The Inspiring Story of Ronald James Ronald James, a janitor, left behind $8 million at his death. How did he do it? Simple habits: saving consistently, living below his means, and letting compound interest work its magic.

Is Inaction better? Well, Action bias is a mental error which occurs when we prefer to take action rather than Eat Fivestar(do nothing), even if there’s no proof that action will improve the situation. It’s like an automatic reflex instead of rati