Aditya Pratap Singh > Aditya's Quotes

“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, The Psychology of Money

“Money’s greatest intrinsic value—and this can’t be overstated—is its ability to give you control over your time.”
― Morgan Housel, The Psychology of Money

“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, The Psychology of Money

“Spending money to show people how much money you have is the fastest way to have less money.”
― Morgan Housel, The Psychology of Money

“Things that have never happened before happen all the time.”
― Morgan Housel, The Psychology of Money

“Planning is important, but the most important part of every plan is to plan on the plan not going according to plan.”
― Morgan Housel, The Psychology of Money

“Controlling your time is the highest dividend money pays.”
― Morgan Housel, The Psychology of Money

“doing something you love on a schedule you can’t control can feel the same as doing something you hate.”
― Morgan Housel, The Psychology of Money

“Napoleon’s definition of a military genius was, “The man who can do the average thing when all those around him are going crazy.”
― Morgan Housel, The Psychology of Money

“I love Voltaire’s observation that “History never repeats itself; man always does.”
― Morgan Housel, The Psychology of Money

“Independence, to me, doesn’t mean you’ll stop working. It means you only do the work you like with people you like at the times you want for as long as you want.”
― Morgan Housel, The Psychology of Money

“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, The Psychology of Money

“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, The Psychology of Money

“Saving is the gap between your ego and your income.”
― Morgan Housel, The Psychology of Money

“Less ego, more wealth. Saving money is the gap between your ego and your income, and wealth is what you don’t see. So wealth is created by suppressing what you could buy today in order to have more stuff or more options in the future. No matter how much you earn, you will never build wealth unless you can put a lid on how much fun you can have with your money right now, today.”
― Morgan Housel, The Psychology of Money

“Nothing is as good or as bad as it seems.”
― Morgan Housel, The Psychology of Money

“To grasp why people bury themselves in debt, you don’t need to study interest rate: you need to sturdy the history of greed , insecurity and optimism.”
― Morgan Housel, The Psychology of Money

“Bill Gates once said, “Success is a lousy teacher. It seduces smart people into thinking they can’t lose.”
― Morgan Housel, The Psychology of Money

“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, The Psychology of Money

“At a party given by a billionaire on Shelter Island, Kurt Vonnegut informs his pal, Joseph Heller, that their host, a hedge fund manager, had made more money in a single day than Heller had earned from his wildly popular novel Catch-22 over its whole history. Heller responds, “Yes, but I have something he will never have … enough.” Enough. I was stunned by the simple eloquence of that word—stunned for two reasons: first, because I have been given so much in my own life and, second, because Joseph Heller couldn’t have been more accurate. For a critical element of our society, including many of the wealthiest and most powerful among us, there seems to be no limit today on what enough entails.”
― Morgan Housel, The Psychology of Money

“Risk is what’s left over when you think you’ve thought of everything.”
― Morgan Housel, The Psychology of Money

“It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own self-interest. We address ourselves not to their humanity but to their self-love, and never talk to them of our own necessities, but of their advantages”
― Adam Smith, An Inquiry into the Nature & Causes of the Wealth of Nations, Vol 1