Morgan Housel
π€ SpeakerAppearances Over Time
Podcast Appearances
Nobody made it.
And so rather than sitting here and dwelling on what might happen in the next 10 years, which I think nobody can know, I would rather try to live in the moment and hang out with my kids and go for a walk and read good books and enjoy it without pretending.
Because what a lot of stress is is like yourself trying to β
remove the uncertainty by trying to create a narrative of what you know is going to happen next.
It's a false sense of a surety that you give yourself to remove the uncertainty.
And I just don't even try it.
I don't even try to do it.
It's there.
It's always going to be there.
We're never going to get rid of it.
So I might as well enjoy it.
Eat, sleep and be merry because tomorrow we die.
My three books, The Art of Spending Money, Same as Ever, and The Psychology of Money.
Every half decent thought I've had about money are in those books.
That's where you can find it.
A young person, a young couple in particular, cannot afford to buy a house.
They are statistically less likely to get married, less likely to have kids, have higher rates of alcohol abuse, have lower rates of mental health, and go down the list of those problems.
A level of the population is going to become homeless.
A third society wakes up and says, screw this.
What benefited one generation 50 years ago has by and large been stalled out today.