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poor people

2 statements across 2 episodes · 1 bullish · 0 bearish · 2 people on the record · first statement May 28, 2024 by Morgan Housel · across every show →

Everything said about poor people, oldest first

May 28, 2024 neutral
Assertion Contradicted
Housel: The Poorer People Are, the More Lottery Tickets They Buy
“And if you dig into who's buying it, it's, Almost exclusively poor people. They buy the vast majority of lottery tickets. And the poorer you are, the more lottery tickets you buy.”
Morgan Housel May 28, 2024 ▶ 5:13 Morgan Housel: Get Rich, Stay Rich
Jan 7, 2025 positive
Insight
Wealthy people deflect rejection as feedback while poor mindsets accumulate it
“So rich people have gotten told no so many times. They've been rejected so many times that it almost just bounces off of them. They kind of go, yeah, I'm gonna do it anyway. Thanks for the feedback. I'm gonna try it. I think poor people They have confirmation …”
Codie Sanchez Jan 7, 2025 ▶ 54:18 Codie Sanchez: Your Blueprint to Financial Freedom
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