net worth
2 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement May 28, 2024 by Morgan Housel · across every show →
Everything said about net worth, oldest first
May 28, 2024 neutral
Housel: Every Increase in Net Worth Brings Accompanying Social Debt
“At a lot of levels, there is social debt that comes with money. So, if you, at every level of net worth, like, if your net worth grows by one dollar, With that comes a couple pennies maybe of like social debt where you are like incentivized or like push toward…”
May 28, 2024
Housel: Measuring personal human worth by net worth is profoundly dangerous
“Don't think that all poverty is due to laziness and don't think that all wealth is due to hard work. It's not. If you are just ranking people by their net worth and ranking their value by the net worth, that's probably the most dangerous thing you can do with …”