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Lifestyles

The Morgan Housel Podcast

The Internal Versus the External Scorecard

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When you look at someone like Donald Croherst, who was trying to impress people who didn't love him, who weren't probably not even paying attention to them, that's pretty important. There's two ways to kind of judge up how you're doing. One is relative to other people. Another is just whether or not you are happy and whether it's working out for you. The only unique idea in the psychology of money, everything else had already been written about before.

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