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"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."

"if u want to do better as an investor, the single most powerful thing you can do is increase your time horizon. time is the most powerful force in investing."

"good decisions aren't always rational. at some point you have to choose between being happy and being 'right'"

(post WWII, low interest for returning GIs kickstarted the credit consumption culture. consumption became an economic strategy.)