Money is a singular thing. It ranks with love as man's greatest source of joy. And with death as his greatest source of anxiety. Over all history it has oppressed nearly all people in one of two ways: either it has been abundant and very unreliable, or reliable and very scarce.
About this quote
- What does it mean?
- Money is compared to love and death as a primary source of joy and anxiety. Historically, it has plagued people by being either unreliable or scarce.
- In plain terms
- Money brings great joy and great anxiety, often causing trouble throughout history.
- What can you take from it?
- Money's value lies in its balance between reliability and availability.
Where it applies
Putting it to work
Questions to consider
- Is money worth the stress?
- How does scarcity shape behavior?
Another view
This ignores how wealth management can mitigate these historical issues.
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