Morgan Housel
👤 SpeakerAppearances Over Time
Podcast Appearances
They're all happier than me.
They're all richer than me.
They're all having more fun than I am.
And these are supposed to be peers.
And then you immediately, no matter how well you're doing, even if like objectively you're doing pretty well, it's so easy to feel like you're falling behind by comparison.
The Discovery Channel shows on the hunter prey things.
There's inequality in nature.
The other thing is a lot of that inequality of talent is cultural.
And
China's better at manufacturing simple items than Americans are.
They just are.
They're better at it.
They're much more efficient at it.
They're much more culturally adept at doing it.
America's much better at technology and entrepreneurism than China is.
We're just better at it.
It's more in the culture.
So a lot of that isn't even the Michael Jordan, LeBron inborn talent.
There's a cultural aspect to it.
And New York is better at finance than Alabama.