Morgan Housel
๐ค SpeakerAppearances Over Time
Podcast Appearances
Not even necessarily financially, although there might be that element, but like the technology is not good enough.
The products aren't good enough.
We need more, more, more.
And so the lack of contentment is the seat of progress.
So it's not a bad thing.
But you can see in the individual life where if you feel like there's a hole in your soul and you just feel like you haven't done enough, you just want more, that the idea of like, oh, well, if I just keep shoveling money in that hole, then I'll get to a place where I'm good.
It's actually very difficult to do that.
Give a damn how happy you are.
And the other thing about with evolution is it doesn't matter how much money I have.
What matters is that I have more than you.
It doesn't matter how fast I can run.
It's got to run faster than you.
And so in a world where we are lucky enough to live in relative prosperity and abundance relative to previous eras,
I'm going to measure my success relative to you and the size of my house relative to yours.
So even if the size of my house by historical standards is enormous, if my neighbor's is bigger, then suddenly it feels tiny.
And there's no end to that.
You can easily imagine a world where our kids and our grandkids have technology and abundance that you and I cannot fathom.
I mean, the most what I think is like the highest odds is that our kids, maybe our grandkids will live in an era which being diagnosed with cancer is not that big a deal.
Maybe that's still a pipe dream, but like it's not inconceivable to imagine that.
And the other thing about that world is you can imagine that they won't feel any better for it.