Mental Models discussed in this podcast:

• Self-Made Millionaire
• Cumulative Advantage
• Compounding
• Power of Habit
• Privilege

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Show Outline

The full show notes for this episode are available at https://www.diyinvesting.org/Episode119

Inspired By Joshua Kennon Article

• https://www.joshuakennon.com/who-is-the-future-self-made-american-millionaire/

Book Recommendation: Millionaire Next Door

• https://amzn.to/3wDVPy3

Summary:

Self-Made Millionaires are created by the choices and habits under your control, not your starting point in the world. Focus on the slow accumulation of advantages and ignore anything outside of your control.