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Quote by Nitya Prakash

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Nitya Prakash

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“We were very much a reading family, but we were a borrow-a-book-from-the-library family more than a bookshelves-full-of-books family. My parents valued books, but they grew up in the Depression, aware of the quicksilver nature of money, and they learned the hard way that you shouldn't buy what you could borrow. Because of that frugality, or perhaps independent of it, they also believed that you read a book for the experience of reading it.”

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Book:The Library Book
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“I belin to see how a post-money society would work in practice. When we are in paid employment, we are exchanging our labour in return for money in order to live within a money-based society, nothing more. Both sides in the labour-salary exchange are motivated by self-interest. But when we volunteer our labour for a cause, for a better world, we are not so much exchanging our labour as investing it directly into the world we want to see. Notes for Utopia: there will be no money when we get there.”

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Book:Life As A Kite
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“Kids like Hamilton and Piper, who have only lived in one type of neighborhood, often judge people living in other ones. My favorite family before Marjorie lived with five kids and their abuela in the 'bad' part of town. my second-to-worst family had a pool in their backyard and a woman to clean their house every Monday. Money doesn't make a good family. Love does that.”

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Book:Pavi Sharma's Guide to Going Home
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“The psychology of individuals – warts and all – must be a central consideration in the formulation of any practical investing approach. The good news here is that others’ misbehavior will consistently and systematically create opportunities for you. The bad news is that you are prone to all of the same quirks and are just as likely, in the absence of strict adherence to the rules, to create the same opportunities for others.”

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Book:The Laws of Wealth: Psychology and the secret to investing success
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“Imagine a world where you could gain more knowledge by reading fewer books, see more of the world by minimizing travel and get more fit by doing less exercise. Certainly, a world where doing less gets you more is highly inconsistent with much of our lived experience, but is just the way Wall Street Bizarro World operates. If we are to learn to live in WSBW (and we must), one of the primary lessons to be learned is to do less than we think we should.”

HumorMoneyAdviceInvestingFinanceDecision MakingInvesting QuotesFinance QuotesBehavioral EconomicsBehavioral Finance
Book:The Laws of Wealth: Psychology and the secret to investing success
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