“Modern capitalism is a pro at two things: generating wealth and generating envy. Perhaps they go hand in hand; wanting to surpass your peers can be the fuel of hard work. But life isn’t any fun without a sense of enough. Happiness, as it’s said, is just results minus expectations.”
― The Psychology of Money
― The Psychology of Money
“Risk is what’s left over when you think you’ve thought of everything.”
― The Psychology of Money
― The Psychology of Money
“Comfortably living below what you can afford, without much desire for more, removes a tremendous amount of social pressure that many people in the modern first world subject themselves to. Nassim Taleb explained: “True success is exiting some rat race to modulate one’s activities for peace of mind.” I like that.”
― The Psychology of Money
― The Psychology of Money
“Independence, to me, doesn’t mean you’ll stop working. It means you only do the work you like with people you like at the times you want for as long as you want.”
― The Psychology of Money
― The Psychology of Money
“Everything has a price, but not all prices appear on labels.”
― The Psychology of Money
― The Psychology of Money
_wave’s 2025 Year in Books
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