Keep pulling the thread on Morgan Housel.
Morgan Housel's book "The Psychology of Money" has sold nearly 10 million copies to date.
Jason Zweig of The Wall Street Journal advised Morgan Housel that a good book does not require marketing to be successful, while no amount of marketing can save a bad book.
According to Peter Kaufman, neurological evidence suggests that only 10% of human brain function is conscious, with the other 90% processing emotions and feelings subconsciously.
Morgan Housel believes the majority of human personality is determined by genetics at conception, rather than being shaped by environment or upbringing.
Charlie Munger believed that when teaching financial concepts to young people, they either understand them instantly or they never will.
Chuck Feeney, founder of Duty Free Shoppers, generated a fortune of $10 billion from his business.
From his $10 billion fortune, philanthropist Chuck Feeney allocated only $2 million for his personal living expenses over his lifetime.
James Clear's book "Atomic Habits" has sold over 25 million copies.
Morgan Housel believes the use of money as a social status yardstick has intensified dramatically over the last 15 years due to the rise of social media platforms like Instagram.
At the time of his death in the late 1800s, Cornelius Vanderbilt's fortune was equivalent to roughly half a trillion dollars in modern, inflation-adjusted terms.
The Vanderbilt family fortune, once worth an inflation-adjusted half-trillion dollars, was almost entirely depleted within three to four generations.
The initial print run for Morgan Housel's book "The Psychology of Money" was only 5,000 copies.