Wise & Wealthy: Demanding happiness and breaking mental barriers

Welcome to Wise & Wealthy: A weekly newsletter full of proven ideas to become smarter and wealthier. I send this every Monday.

#125 – May 20, 2024

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Wise: Demanding happiness

We’ve all been in situations where we felt obligated to put on a facade of happiness. Maybe it was a family gathering where you had to pretend to be more successful than you actually are.

Or maybe it was at work, where you felt the need to appear more enthusiastic about a project than you genuinely were. These instances are not only emotionally draining, but they also strip us of our authenticity.

Anthony de Mello, a spiritual teacher, once said:

”When I know that I am nothing, that’s wisdom. When I know that I am everything, that’s love. My life is a movement between these two.”

The moment we start embracing our true selves, and allow others to do the same, we pave the way for genuine happiness.

You Can’t Demand Happiness from Other People

Wealthy: Mental barriers

My parents bought their first house in 2000. My mother told me that one of their family members broke ties with my parents because of that.

Certain people think that buying a house is not for everyone. Those types of people also believe that higher education is not for everyone. Or that owning stocks is only for rich folks.

These are examples of mental barriers.

So many of us have false beliefs about money and life. And those false beliefs can prevent us from ever living a good life. This is where Stoicism and mindfulness can help.

By becoming more self-aware, we can prevent ourselves from falling into the trap of mental barriers.

In my latest article, I share 7 mental barriers that I personally had to overcome in my life.

7 Mental Barriers that Prevent You From Getting Rich

One interesting thing

I’m in the process of reading all the letters to shareholders that Warren Buffett wrote for Berkshire Hathaway. Dating back to 1965. In the letter of 1977, Buffett wrote this about their investing strategy:

“We ordinarily make no attempt to buy equities for anticipated favorable stock price behavior in the short term. In fact, if their business experience continues to satisfy us, we welcome lower market prices of stocks we own as an opportunity to acquire even more of a good thing at a better price.”

I’ve read some of his letters over the years, but reading them in chronological order is fascinating. So much investing and business wisdom.

Thanks for reading! I hope you found this edition of Wise & Wealthy useful.

All the best,


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