The Algebra of Wealth: A Simple Formula for Financial Security

by Scott Galloway

old people keep living longer, and they vote, so we’re more likely to get rid of schools, the space program, and half the navy before we fail to fund social security.)

“There is no enjoying the possession of anything valuable unless one has someone to share it with.”

the most important attribute is, as Winston Churchill said, “a willingness to move through failure without losing your sense of enthusiasm.”

Your decisions are a guide and an action plan, not a suicide pact. Be open to evolving, changing your mind when presented with new data or compelling views and insights. A step back from the wrong path is a step in the right direction.

“Follow your passion” is Latin for “Prepare to be exploited.”

Silicon Valley is fundamentally the most successful government investment in history.

“Show up when it matters, when it means something. Never miss a funeral. Attend every wedding.”

Treat yourself, but don’t cheat yourself.

That’s a critical point. Investing is not a zero-sum game—it makes the pie bigger.

“Does management think the tooth fairy pays for capital expenditures?”