The Psychology of Money Timeless lessons on wealth, greed, and happiness – The Psychology of Money Timeless Lessons on Wealth, Greed, and Happiness (Morgan Housel)

One day he handed one of my colleagues several thousand dollars of cash and said, “Go to the jewelry store down the street and get me a few $1,000 gold coins.”


Ispent my college years working as a valet at a nice hotel in Los Angeles.One frequent guest was a technology executive. He was a genius, having designed and patented a key component in Wi-Fi routers in his 20s. He had
started and sold several companies. He was wildly successful. He also had a relationship with money I’d describe as a mix of insecurity and childish stupidity. He carried a stack of hundred dollar bills several inches thick. He showed it to everyone who wanted to see it and many who didn’t. He bragged openly and loudly about his wealth, often while drunk and always apropos of nothing.


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