"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
0 replies3 likes
More like this
Recommendations from Medial
Arcane
Stealth • 4m
"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
See More
0 replies4 likes
Arcane
Stealth • 5m
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
See More
9 replies11 likes
Tushar Aher Patil
Stealth • 17d
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.
Warren Buffett,
Born in 1930, he demonstrated an entrepreneurial spirit early,
selling chewing gum and delivering newspapers.
Fascinated by investments,
he bought his first stock at age 11.
Despite setbacks, Buffett pursued his passion, graduating
"The psychology of money" 🌟
(Book summary) Day 01
1. Wealth vs. Richness
•Definition: Housel distinguishes wealth as the assets you have that generate income, while richness refers to a high income or spending power.
•Living Below Your Means: True
🚀 Conversation between Vc and Startup Founder 💀
FOUNDER — I have a SaaS startup idea that has the potential to become profitable within just a few months. All I need is seed funding to get the venture off the ground. I am confident in the succes
Quotes of the Day: Inspiring Words to Kickstart Your Journey
Every day brings a new opportunity to grow, learn, and create. Sometimes, all it takes is a few powerful words to ignite that spark within us. Here are today’s quotes to inspire and guide
See More
0 replies3 likes
Vedant SD
Stealth • 5m
Day 42: Bangalore Hustlers: From Chai Breaks to Million-Dollar Ideas
Forget the struggle of that first morning chai - Bangalore's bustling startup scene is where ideas simmer and dreams boil over! Here's your recipe for brewing startup success:
* S
Thanks to everyone who pushed me forward to take my first step towards the path of my journey. You know a lot of people just reply to posts for the sake of replying either in form of criticism or support even if they don't mean it but those words en