Kindle Notes & Highlights
Be careful who you admire and be careful who you look down upon. Focus less on individuals and case studies, and more on broad patterns.
When you experience success, remember that luck played a role and you’re not invincible.
Buffett is successful not because he is a good investor, but because he is a good investor over a long period of time.
Getting money requires risk-taking, optimism, and the belief that your efforts can determine your success. But keeping money requires risk-aversion, frugality, and acceptance that luck played a part of your success.
Have optimism about the future, but paranoia about what will prevent you from getting there.
Control over your life is more important than salary or prestige.
And this is the value of money; it gives you the ability to control your time.
But true wealth is unseeable. It is assets that haven’t converted into visible stuff.
Savings is the gap between your ego and your income.
