Top 10 Most Famous Morgan Housel Quotes (BEST)
“Some people are born into families that encourage education; others are against it. Some are born into flourishing economies encouraging of entrepreneurship; others are born into war and destitution. I want you to be successful, and I want you to earn it. But realize that not all success is due to hard work, and not all poverty is due to laziness. Keep this in mind when judging people, including yourself.”
Morgan Housel



“Use money to gain control over your time, because not having control of your time is such a powerful and universal drag on happiness. The ability to do what you want, when you want, with who you want, for as long as you want to, pays the highest dividend that exists in finance.”
Morgan Housel


“Compounding works best when you can give a plan years or decades to grow. This is true for not only savings but careers and relationships. Endurance is key. And when you consider our tendency to change who we are over time, balance at every point in your life becomes a strategy to avoid future regret and encourage endurance.”
Morgan Housel


9 Morgan Housel Quotes on Money & Financial Freedom
“A genius who loses control of their emotions can be a financial disaster. The opposite is also true. Ordinary folks with no financial education can be wealthy if they have a handful of behavioural skills that have nothing to do with formal measures of intelligence.”
Morgan Housel








11 Wise Morgan Housel Quotes About Investing (WISDOM)
“Investing is not a game where the person with the 160 IQ beats the person with the 130 IQ. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.”
Morgan Housel




“Being a successful investor is not about making the most money in the shortest amount of time. It’s about making enough money to reach your goals with minimal regret or emotional strain.”
Morgan Housel





13 Morgan Housel Quotes on Luck and Risks
“When things are going extremely well, realize it’s not as good as you think. You are not invincible, and if you acknowledge that luck brought you success then you have to believe in luck’s cousin, risk, which can turn your story around just as quickly.”
Morgan Housel





“Luck and risk are both the reality that every outcome in life is guided by forces other than individual effort. They are so similar that you can’t believe in one without equally respecting the other. They both happen because the world is too complex to allow 100% of your actions to dictate 100% of your outcomes. They are driven by the same thing: You are one person in a game with seven billion other people and infinite moving parts. The accidental impact of actions outside of your control can be more consequential than the ones you consciously take.”
Morgan Housel



“Getting money requires taking risks, being optimistic, and putting yourself out there. But keeping money requires the opposite of taking risk. It requires humility, and fear that what you’ve made can be taken away from you just as fast.”
Morgan Housel


18 Morgan Housel Quotes that will Make You Think
“Your personal experiences with money make up maybe 0.00000001% of what’s happened in the world, but maybe 80% of how you think the world works. We all think we know how the world works. But we’ve all only experienced a tiny sliver of it.”
Morgan Housel



“Growth is driven by compounding, which always takes time. Destruction is driven by single points of failure, which can happen in seconds, and loss of confidence, which can happen in an instant.”
Morgan Housel




“Be nicer and less flashy. No one is impressed with your possessions as much as you are. You might think you want a fancy car or a nice watch. But what you probably want is respect and admiration. And you’re more likely to gain those things through kindness and humility than horsepower and chrome.”
Morgan Housel








(MUST READ) The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Also read:
- 80 David Goggins Quotes on Life & Suffering (CAN’T HURT ME)
- 46 Vladimir Lenin Quotes on Life & Politics (COMMUNISM)
- 40 Jeff Olson Quotes on Life & Consistency (SUCCESS)
- Top 44 Most Famous Bill Maher Quotes (COMEDIAN)
- 43 Most Famous Jimmy Fallon Quotes (INSPIRATION)
- Top 31 Most Famous Larry King Quotes (LISTENING)
- 43 Most Inspiring Sagittarius Quotes (HOROSCOPE)
