Morgan Housel
π€ SpeakerAppearances Over Time
Podcast Appearances
No, thanks.
Not interested.
So that's what Harvey Firestone got right.
He was like, it's a burden, but you still do it.
And you're still going to do it.
I have a friend whose parents live in a 20,000 square foot house and he gave us a tour.
And the tour was basically, yeah, down that hall, there's four bedrooms that nobody ever uses.
Down this hall, there's a room.
It was going to be a gym, but we actually put the gym downstairs.
Nobody ever uses it.
He was giving us a tour of places that are never used.
And just like I said, they basically secluded themselves to the kitchen, living room, bedroom, and that was it.
But I think this is why it's such a fascinating topic because people have always done that and they will always do it.
Yeah, this is what Sam Zell, who is a billionaire real estate guy, he told David Senra this.
Sam Zell said, the only true material luxury is flying private.
So Sam's advice, it's ambitious advice.
He was like, get to private jet money.
That's the only thing that makes a difference in your life.
And obviously that's 0.0001% money.
To me, it's independence to be who you want to be.