Wealth isn’t just about what you own; it’s about how free you are to make choices without being weighed down by obligations. Many wealthy individuals consciously avoid the “ownership trap” by prioritizing mobility and minimizing their personal liabilities. What Is the Ownership Trap? The ownership trap occurs when assets or possessions create more burdens than […]
In 2022, Elon Musk topped the list of the world’s richest individuals. By 2024, he had taken on a new role as a prominent supporter of Donald Trump’s presidential campaign, solidifying his position as one of the most influential figures globally. Musk, often self-styled as a “martian,” has long been synonymous with his ambitions to […]
The Greater Mistake: Buying High or Selling Low What is the greater mistake: buying at a peak and seeing a decline, or selling at a low and missing a recovery? It’s clearly the latter. If you buy at a peak and experience a downturn but remain calm, the next peak is usually higher than the […]
Do you think this elderly man in the photo looks more like a university professor or an official from some Eurocommission measuring cucumber curvature? In fact, this is Bernard Arnault, the richest man on Earth today according to Forbes. He has surpassed Elon Musk and Jeff Bezos. His net worth is estimated at X billion […]
Morgan Housel’s “The Psychology of Money” explores how generational experiences shape financial behavior, the role of luck and risk, and the true nature of wealth and financial independence. Morgan Housel is a well-respected financial writer and investment expert known for his ability to simplify complex financial concepts. He is a partner at The Collaborative Fund […]
Over the past year, I’ve read 40 of the best-selling books on personal finance, money, and investing. My goal was to truly understand what it takes to become a top investor, how to earn money in the stock market, and ultimately, how to maximize my financial gains. I’ve read everything from basic personal finance books […]