Top Tweets for #FreedomFlip
Full episode: https://t.co/9O2DhMchib
A friend asked Sahil Bloom how often he saw his parents. Once a year, and they were in their mid-60s. "You're going to see your parents 15 more times before they die." It was just math.
#FreedomFlip #The5TypesOfWealth
Full episode: https://t.co/9O2DhMchib
The right-now test: when an invite is months away, ask yourself, would I do it tonight? If the answer is no, it's always a no. If it's yes, go. It keeps you from being time poor.
#FreedomFlip #The5TypesOfWealth #SahilBloom
Full episode: https://t.co/dlntrPQT1F
Peter has seen kids stay in one school from pre-K to high school, then fall off a cliff: they never learned to make new friends. Pablo went through 3 schools by 18.
#FreedomFlip #Tribe #SebastianJunger
Full episode: https://t.co/9O2DhMchib
A Ferrari, a club membership, a private plane: bought status. Earned status is real respect and trust. Naval Ravikant: a fit body, a calm mind and a house full of love cannot be bought.
#FreedomFlip #The5TypesOfWealth #SahilBloom
Full episode: https://t.co/ewEE63YARq
Born in 1950, the stock market went straight up. Born in 1970, it was flat for 15 years. Your appetite for risk comes from personal history, not intelligence. The dumb luck of when you were born.
#FreedomFlip #PsychologyOfMoney
Full episode: https://t.co/ewEE63YARq
Four presidents assassinated. A flu pandemic. 33 recessions. 99.9% of companies went bust. Yet our standard of living rose 20-fold in 170 years. Shut off the news and go outside.
#FreedomFlip #PsychologyOfMoney #MorganHousel
Full episode: https://t.co/ewEE63YARq
Bill Gates had a third partner besides Paul Allen: Kent Evans. He died in high school. Buffett and Munger had a third partner too, just as smart, but he used leverage to get there faster.
#FreedomFlip #PsychologyOfMoney #BillGates
Full episode: https://t.co/ewEE63YARq
Your kids don't want your money nearly as much as they want you. Karl Pillemer interviewed 1,000 elderly Americans. Not one said to work as hard as you can to buy things.
#FreedomFlip #PsychologyOfMoney #MorganHousel #Parenting
Full episode: https://t.co/ewEE63YARq
Nobody's eulogy mentions their money, car or house. Morgan Housel's man in the car paradox: when you see someone in a nice car, you don't admire them. You imagine yourself in it.
#FreedomFlip #PsychologyOfMoney #MorganHousel
Full episode: https://t.co/ewEE63YARq
Warren Buffett owned 400 to 500 stocks and made most of his money on just 10. Charlie Munger: remove a few of Berkshire's top investments and its record is pretty average.
#FreedomFlip #PsychologyOfMoney #MorganHousel #WarrenBuffett
Full episode: https://t.co/ewEE63YARq
The poorest US households spend about $412 a year on lottery tickets, 4x the richest, while 40% of Americans can't cover a $400 emergency. Morgan Housel: they're paying for a dream.
#FreedomFlip #PsychologyOfMoney #MorganHousel #Lottery
Full episode: https://t.co/ewEE63YARq
The Man in the Car Paradox from Morgan Housel's The Psychology of Money: when you see someone in a nice car, you don't admire them. You imagine yourself in it.
#FreedomFlip #PsychologyOfMoney #MorganHousel #MoneyMindset
Full episode: https://t.co/ewEE63YARq
In 1880, 78% of men 65 and older were still working. Retirement is a brand-new idea, as Morgan Housel shows in The Psychology of Money.
#FreedomFlip #PsychologyOfMoney #MorganHousel #Retirement
Full episode: https://t.co/9O2DhMchib
82% of knowledge workers check email within 30 minutes of waking up. 39% do it within 5. Seneca: "We are not given a short life, but we make it short."
#FreedomFlip #The5TypesOfWealth #SahilBloom #TimeWealth #Productivity
Full episode: https://t.co/H8AoWF9pdm
Over 1 billion people watching, 107th minute of the World Cup final, and Messi, at 35, scores. His secret was an anti-goal: never get burned out.
#FreedomFlip #The5TypesOfWealth #SahilBloom #Messi #AntiGoals
Cover photo: Hossein Zohrevand (Tasnim News Agency), CC BY 4.0, via Wikimedia Commons
Why Elon Musk wants more mistakes, not fewer.
Punish failure and you kill the next Tesla or SpaceX leap. Full episode on YouTube (link in bio).
#ElonMusk #Tesla #SpaceX #Innovation #BookOfElon #FreedomFlip
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