Morgan Housel
๐ค SpeakerAppearances Over Time
Podcast Appearances
And it's not all negative.
If you read the biographies of the Vanderbilts, it's not all negative, but it is not anywhere near the happiness that you would assume.
for people who would inherit $10 billion on their 18th birthday.
It's nowhere near that.
And so, look, I want to have a higher net worth.
I want to be wealthy.
But you don't see it, what money can't do for you, until you look at the magnifying glass of unbelievably wealthy people and what it does for them and what it can't do for them.
Oh, I think not at all.
I mean, it's a great question because I don't think I've thought about that whatsoever.
My wife and I met when we were young.
We were 19, 20 years old when we met and had nothing.
And no money.
We were college students and of course we had nothing.
And are we happier today?
We have a different sense of life because now we've been together for 20 years and we have two lovely kids together and whatnot.
So there's a very different view on life and a sense of accomplishment for that.
But are we happier?
And I think that's no, but that's not uncommon.
Not everybody, but a lot of people, if you ask them, when was the happiest time in your life when you had the most laughs, the greatest times?
A lot of people, not everybody, will tell you high school, college.