Morgan Housel

I think you're right there, but here's where it can really go astray.

Money is so quantifiable and book sales are so quantifiable that they become, like we overestimate their importance.

And what I mean by that, if you said like,

What's important in life?

I want to be a good husband, a good dad, a good friend, a good citizen.

I want to be funny.

I want to be healthy.

All those things are so important and they're very hard to quantify.

How do I quantify whether I'm a good dad or not?

I don't know.

It's potentially the most important thing to me in the world and there's no score.

And so it means everything to me, but it's easy to kind of ignore because it's this mushy topic.

But what is my net worth?

How much did my income go up last year?

What are my returns versus the S&P 500?

You can measure those down to the millionth of a basis point.

And so because they're so easy to track and it's apples to apples, my net worth versus yours, how do I compare my social citizen score or my dad's score or husband's score

From me to you, you can't, there's nothing.

But income, we can sit here and compare our net worth all day.

And so I think the using it as a scorecard metric is both really good and can be a lot of fun and used for good.