Morgan Housel
Financial success is not a hard science governed by math, but a soft skill where your behavior, ego, and relationship with uncertainty matter more than your intelligence.
People make financial decisions based on their own life experiences at the dinner table, not by calculating rational formulas on a spreadsheet.
Luck and risk are two sides of the same coin, so you should judge outcomes broadly rather than trying to copy extreme individual successes.
Getting wealthy requires taking risks and being optimistic, but staying wealthy demands frugality, patience, and a healthy dose of paranoia.