Morgan Housel
๐ค SpeakerAppearances Over Time
Podcast Appearances
There are moments where I'm like, oh,
I should get that car.
Maybe we should get a bigger house.
I have those feelings daily.
So the feelings don't go away, but I think I'm better now than I've been in the past at reminding myself of like, it's not going to make you happier.
You know that.
You've tried this before.
You've tried it before and it didn't make you happy.
What is going to make you happy is spending time with your kids, having a good relationship with your wife and your own physical health and laughing with your friends and having good times with people who you enjoy.
You know that's going to make you happy and you know that's not.
And I have to remind myself because it's not intuitive.
And I have dopamine that tells me you should want more, more, more, more, more.
So you never get over it.
But I think once you've diagnosed the problem, it becomes easier at just like spotting that emotion and realizing that it's telling you a story that's probably not true.
I think it's probably true that everybody without exception is addicted to something.
And it's just harnessing that process for whatever it might be.
So some people are addicted to... My wife's addicted to gardening, let's say.
She couldn't care less about investing or spending money on a nice... She could not care less about her car or my car or your car.
But if you have a good gardener, if you have a pretty gardener, she's all over it.
So everybody's got their thing.