Morgan Housel

collabfund.com · 300+ essays

Little Rules About Big Things

16 min listen·2,456 words
#psychology of money#investing#behavior
"· Collaborative Fund Blog About Portfolio Air LP Blog About Portfolio Air LP Blog Follow @collabfund Little Rules About Big Things Aug 13, 2025 SHARE ↓ Copy Link A few things I’ve come to terms with: There is rarely more or less economic uncertainty; just changes in how ignorant people are to potential risks. You should obsess over risks that do permanent damage and care little about risks that do temporary harm, but the opposite is more common. The only way to build wealth is to have a gap between your ego and your income."

Read original on collabfund.com

Listen in speakeasy
Turn this essay into natural-sounding audio. Listen on your commute, at the gym, or wherever you go.
Download Free on iOS

3 free articles per week. No credit card required.

More from Morgan Housel

The Psychology of Money54 minWhy You Believe the Things You Do8 minWild Minds13 minKeep It Going6 minRisk Is What You Don't See1 min

Turn any article into audio

speakeasy converts URLs from Twitter, Medium, Substack, and any blog into natural-sounding audio. Listen on your commute, at the gym, or wherever you go.

Get speakeasy Free