Will Smith said that when poor, he could blame poverty for his depression; when rich, he became depressed but could no longer blame money, removing the false hope that money would fix him—the danger of wealth is it removes the hope that poor people use to explain their unhappiness.
factualpending
Speaker
Morgan HouselEvidence Quote
“what happened when he became rich is it just removed the hope that he had when he was poor”
Source
Morgan Housel: What You Need to Master (And Avoid) to Get Rich, Stay Rich, and Build Wealth— The Knowledge Project PodcastCreated: 8/10/2026, 11:10:02 PM
My Notes
Loading notes...