Reblog: Short Money Rules

I feel like I am becoming tad wiser these days by reading Morgan Housel’s Collaborative Fund blog. This list of 29 Short Money Rules is one such gem I read on this blog today.

A few rules that stood out to me:

21. Being nice to people is the easiest career competitive advantage.

22. Being smarter than others is the hardest.

Choose wisely!

Then there is this rule that I liked:

2. Most people are afraid of looking wrong.

I think not worrying too much about my ego, always being open to feedback and iteration are what makes me unafraid of looking wrong.

As an aside, if you have more time, I highly encourage you read The Psychology of Money post on this blog. It is a long and interesting read. I first found it in my colleague Jeremey’s newsletter and have read it three or four times since. I am sure I will read it a few more times. It is such a good analysis of human psychology and behaviour.