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Morgan Housel

๐Ÿ‘ค Speaker
3750 total appearances

Appearances Over Time

Podcast Appearances

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

This is great.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

And I think for short periods of time, it can do this.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

Happiness is always a fleeting emotion.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

Like most people are rarely happy for more than a couple minutes at a time.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

i think it's very similar to humor where if i tell you a very funny joke you don't laugh for 10 years you laugh for a couple minutes humor is a fleeting emotion and happiness is the same most people you have moments of it and you can situate your life so maybe you have more moments of it than others and more than you used to but it's momentary and so i think what people actually want to get to what they aspire to whether they know it or not is contentment

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

which is not happiness.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

It's a different emotion.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

You'd want to get to a point where you're just like, I'm good.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

I'm very grateful for everything that I have.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

And I have everything that I need and most of what I want.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

And I'm totally cool with that.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

And if there's more to come above this, that's the cherry on top.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

But I'm really cool here.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

I'm great right here.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

And I think most people can realize that with a lot of work and constant upkeep, you can get to that level at a lower income than you think.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

Yeah.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

And I think it's when you daydream about

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

having more success or more money or more stuff.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

When you do that daydream and it feels good, you're like, oh, if only I had that house, if only I had that car, if only I had this income.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

By and large, what you are doing is imagining yourself having those things and being totally content with them.