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"... ur view of the economy is suddenly going to be warped by what you want to happen. Every blip, every anecdote, will look like a sign that doom has arrived. maybe not b/c it has, but b/c you want it to."

"even though [daughter] knows little, she doesn't realize it, b/c she tells herself a coherent story about what's going on based on the little she does know." All of us, no matte our age, do the same thing."https://twitter.com/a_yawning_cat/status/1350349260022190081 …

"hindsight, the ability to explain the past, gives us the illusion that the world is understandable. it gives us the illusion that the world makes sense, even when it doesn't make sense."

"we need to believe we live in a predictable controllable world, so we turn to authoritative-sounding ppl who promise to satisfy that need."

"I can't tell you what to do with your money, because I don't know you. I don't know what you want. I don't know when you want it. I don't know why you want it."

"go out of your way to find humility when things are going right and forgiveness/compassion when they go wrong. because it's never as good or as bad as it looks."

"no matter how much you earn, you will never build wealth unless you can put a lid on how much fun you can have w/ your money right now, today."

"some ppl won't sleep well unless they're earning the highest returns; others only if they're conservatively invested. to each their onw. but the foundation of "does this help me sleep at night? is the best universal guidepost for financial decisions."