Page 96 - Morgan Housel - The Psychology of Money_ Timeless Lessons on Wealth, Greed, and Happiness-Harriman House Limited (2020)
P. 96

didn’t actually give them, the driver, a moment’s thought?

  COBACOBA
                Does this same idea apply to those living in big homes? Almost certainly.


                Jewelry and clothes? Yep.


                My point here is not to abandon the pursuit of wealth. Or even fancy cars. I
                like both.


                It’s a subtle recognition that people generally aspire to be respected and

                admired by others, and using money to buy fancy things may bring less of it
                than you imagine. If respect and admiration are your goal, be careful how
                you seek it. Humility, kindness, and empathy will bring you more respect
                than horsepower ever will.


                We’re not done talking about Ferraris. Another story about the paradox of
                fast cars in the next chapter.
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