Absolute Success vs. Relative Success

Luck is often a combination of the right connections, the right timing, and many other influences that cannot be predicted. Hard work typically gets better results than you would with less effort.

Luck matters more in an absolute sense a...

The main difference between psychology and ethics refers to the end results the two lead to.

While what people would do in certain situations, from a psychological point of view is one thing, what they should do is something completely different, which relies more on maki...

The difference between having wealth and appearing wealthy represents a fundamental insight. This distinction matters because:

• Spending on visible status symbols directly reduces actual wealth
• Wealth is the money not spent—assets that provide security and optio...