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THE PSYCHOLOGY OF MONEY - Commented Book

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CHAPTER

Growth Among Loss

The idea that something can gain over the long run while being a basket case in the short run is not intuitive, but it's how a lot of things work in life. By age 20, the average person can lose roughly half the synaptic connections they had in their brain at age two. The words economic pessimism appeared in newspapers at least 29,000 times according to Google. A mindset that can be paranoid and optimistic at the same time is hard to maintain. But seeing things as black or white takes less effort than accepting nuance.

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