The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness

Doing well with money has a little to do with how smart you are and a lot to do with how you behave.

The hardest financial skill is getting the goalpost to stop moving.

A genius who loses control of their emotions can be a financial disaster.

Getting money requires taking risks, being optimistic, and putting yourself out there. Keeping money requires the opposite of taking risk. It requires humility and fear that what you've made can be taken away as fast as it was given.

Compounding doesn't rely on earning a high return. It relies on earning a decent return consistently for a long time.

The ability to do what you want, when you want, with who you want, for as long as you want, has the highest ROI of anything.

Wealth is what you don't see. Wealth is the nice cars not purchased. The diamonds not bought. The clothes not bought. Wealth is financial assets that haven't yet been converted into the stuff you see.

The most important part of every plan is planning on your plan not going according to plan.