Morgan Housel on Wealth, Risk, and Resilience ManTalks
Wealth compounds not for the smartest investors, but for those who can survive long enough to stay in the game.
Wealth compounds not for the smartest investors, but for those who can survive long enough to stay in the game.
Morgan Housel argues that long-term wealth isn’t built through intelligence or perfect investing tactics, but through behaviour especially the ability to avoid FOMO. His verdict reframes wealth as independence, not consumption.