new money
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Jan 20, 2026 by Morgan Housel · across every show →
Everything said about new money, oldest first
Jan 20, 2026
Housel: Flashy Sports Cars Are a New-Money Phenomenon Driven by Vindication
“The yellow sports car, so to speak, tends to be a new fun, a new money phenomenon. Not a lot of old money families with those, or fewer of them, because I think the new money, wealth, like, feels vindicated over what they overcame.”