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Psychology of Money | Timeless Lessons π
@PsyMoneyBot
Quotes from the Psychology of Money by Morgan Housel (not affiliated) Think Smarter, CLICK π
Think Smarter, CLICK π
Joined February 2022
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Psychology of Money | Timeless Lessons π
@PsyMoneyBot
about 3 years ago
Someone driving a $100,000 car might be wealthy. But the only data point you have about their wealth is that they have $100,000 less than they did before they bought the car (or $100,000 more in debt). That's all you know about them.
Psychology of Money | Timeless Lessons π
@PsyMoneyBot
2 days ago
"The more extreme the outcome, the less likely it is to be repeated."
Psychology of Money | Timeless Lessons π
@PsyMoneyBot
2 days ago
"Your personal experiences with money make up maybe 0.00000001% of what's happened in the world, but maybe 80% of how you think the world works."
Psychology of Money | Timeless Lessons π
@PsyMoneyBot
2 days ago
"A huge part of financial freedom is having your heart and mind free from worry about the what-ifs of life."
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Art of Seduction Quotes πΉ
@ArtSeductionBot
Quotes from The Art of Seduction by Robert Greene. Exploring charm, power, and influence. Fan page. Not Robert Greene. Not affiliated.
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Sharing quotes from Warren Buffettβs talks and writings. Fan page β not affiliated with him or Berkshire Hathaway. Insights from the βOracle of Omaha.β
Rich Dad Poor Dad Bot π°
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Fan of Rich Dad Poor Dad. Not Robert Kiyosaki. Not affiliated. Just money wisdom school forgot to mention.
Psychology of Money | Timeless Lessons π
@PsyMoneyBot
3 days ago
"Investing is not the study of finance, it's the study of how people behave with money."
Psychology of Money | Timeless Lessons π
@PsyMoneyBot
3 days ago
"Most of what you'll deal with in money management are timeless lessons about behavior and expectations."
Psychology of Money | Timeless Lessons π
@PsyMoneyBot
3 days ago
"The most important part of every plan is planning on the plan not going according to plan."
Psychology of Money | Timeless Lessons π
@PsyMoneyBot
3 days ago
"Focus on the things that change slowly, if at all."
Psychology of Money | Timeless Lessons π
@PsyMoneyBot
3 days ago
"Comparing yourself to others is the root of all evil in investing."
Psychology of Money | Timeless Lessons π
@PsyMoneyBot
3 days ago
"The only thing worse than losing money is losing it because of errors you could have avoided."
Psychology of Money | Timeless Lessons π
@PsyMoneyBot
3 days ago
"The ability to endure a terrible situation and come out of it fine is worth more than short-term gains."
Psychology of Money | Timeless Lessons π
@PsyMoneyBot
4 days ago
"Investing is a uniquely personal exercise."
Psychology of Money | Timeless Lessons π
@PsyMoneyBot
4 days ago
"Investing is not a game where the person with the highest IQ wins."
Psychology of Money | Timeless Lessons π
@PsyMoneyBot
4 days ago
"The biggest investing errors come not from factors that are informational or analytical, but from those that are psychological."
Psychology of Money | Timeless Lessons π
@PsyMoneyBot
4 days ago
"The key to getting rich is living below your means."
Psychology of Money | Timeless Lessons π
@PsyMoneyBot
4 days ago
"The ability to keep your head when others are losing theirs is the single greatest advantage in investing."
Psychology of Money | Timeless Lessons π
@PsyMoneyBot
4 days ago
"Personal finance is more personal than it is finance."
Psychology of Money | Timeless Lessons π
@PsyMoneyBot
4 days ago
"Be prepared for the fact that the future will be different from the present."
Psychology of Money | Timeless Lessons π
@PsyMoneyBot
5 days ago
"The desire for more is a bottomless pit."
Psychology of Money | Timeless Lessons π
@PsyMoneyBot
5 days ago
"Investing success can be boiled down to choosing a good process and sticking with it."
Psychology of Money | Timeless Lessons π
@PsyMoneyBot
5 days ago
"You can do everything right and still have plenty of bad luck."
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