The #1 Thing That Makes People Broke | Morgan Housel

The top things that make people broke number one, the most important. This might seem like a cop out of an answer. It's they don't have enough luck. That's so much of it. I know so many people who would disagree with that statement. So if you do disagree with Matt, I get it. But I think, like I said earlier, in any kind of extreme success, even mine, and I would venture to say yours, too, if you're really honest about connecting the dots in the past, you would say that there is this thing that happened to me that I never planned on. I did not strategize this. It just kind of happened to me. As I said, even if that thing is, you were born in the right era. And so that's a big part of it that I think is too easy to ignore.