The Morgan Housel Podcast cover image

Getting Rich vs. Staying Rich

The Morgan Housel Podcast

The Most Important Part of Every Plan Is Planning

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The more you need specific elements of a plan to be true, the more fragile your financial life becomes. Room for error or margin of safety is one of the most underappreciated forces in finance. The idea that something can gain over the long-term while being a basket case in the short-term is not intuitive. But there are so many things that work that way in life.

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