Psychology Archives - New Trader U

The 10 Rules of Self-Discipline That Charlie Munger Lived By

Charlie Munger, Psychology, Success / Steve Burns

Charlie Munger built a multi-billion-dollar fortune not through brilliant speculation or complex strategies but through decades of disciplined thinking, rational behavior, and the relentless avoidance of mistakes. His wisdom, shared across Berkshire Hathaway annual meetings, Daily Journal shareholder sessions, and countless interviews, reveals a man who treated self-discipline as the foundation of everything worth achieving. […]

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10 Stoic Psychology Rules Strong Men Live By, According to Marcus Aurelius

Psychology, Stoicism, Success / Steve Burns

Marcus Aurelius spent nearly two decades as Emperor of Rome while quietly writing one of history’s most powerful guides to mental strength. His private journal, known today as Meditations, was never intended for an audience. It was a man coaching himself through war, betrayal, plague, and loss. The psychology embedded in those writings has outlasted every

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Charlie Munger: 10 Reasons Why So Many Smart People Never Get Rich

Charlie Munger, Psychology, Wealth / Steve Burns

Charlie Munger spent decades observing why intelligence and wealth don’t automatically go hand in hand. As Warren Buffett’s longtime business partner, Munger watched brilliant people make the same financial mistakes over and over. His conclusion was clear: getting rich has far less to do with IQ than most people think. The real barriers to wealth

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Charlie Munger’s 10 Mental Models for Building Wealth in Any Economy

Charlie Munger, Psychology, Wealth / Steve Burns

Charlie Munger spent decades as Warren Buffett’s right-hand man at Berkshire Hathaway, but his most significant contribution to the world of investing may not be any single trade or deal. It was his relentless push for multidisciplinary thinking. Munger believed that the best investors and decision-makers don’t rely on one narrow framework. They build a

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10 Things Charlie Munger Learned About Human Nature That Made Him Wealthy

Charlie Munger, Psychology / Steve Burns

Charlie Munger spent seven decades studying why intelligent people consistently make terrible financial decisions. While most financial education focuses on charts and market timing, Munger devoted his life to a deeper question: what is it about human psychology that leads smart people to destroy their own ability to build wealth in the first place? His

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The 10 Stoic Rules of Self-Discipline That Marcus Aurelius Lived By

Psychology, Stoicism / Steve Burns

Marcus Aurelius ruled the Roman Empire for nearly two decades, yet he considered his most significant battle to be the one he fought within himself. His private journal, known today as Meditations, reveals a man who held himself to an extraordinary standard of self-discipline through Stoic philosophy. These ten principles weren’t abstract theories for Marcus.

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The Richest Self-Made Woman In The United States (2026)

Psychology / Holly Burns

Diane Hendricks stands at the pinnacle of American entrepreneurship with a net worth of $22.3 billion as of 2026, making her the wealthiest self-made woman in the United States. The chair and co-founder of ABC Supply built her fortune from the ground up, transforming a small roofing supply business into the largest wholesale distributor of

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7 Things To Buy To Be Happier, According To Neuroscience

Psychology / Holly Burns

The pursuit of happiness often leads people down the wrong shopping aisles. While conventional wisdom suggests that material possessions bring temporary joy at best, neuroscience reveals that certain purchases can create lasting improvements in well-being. The key lies not in accumulating more stuff, but in strategic spending that aligns with how the brain processes satisfaction

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The Middle Class Mind Trap: 5 Beliefs That Keep People From Getting Wealthy

Psychology, Wealth / Steve Burns

Most people don’t stay middle class because they lack talent or opportunity. They stay middle class because they hold onto beliefs that feel safe but quietly block every path to real wealth. These beliefs aren’t random. They’re handed down through families, reinforced by social circles, and treated as common sense by nearly everyone who never

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5 Types of People You Should Never Trust According to Marcus Aurelius

Psychology, Stoicism / Steve Burns

Marcus Aurelius ruled the Roman Empire during one of its most turbulent periods, yet he spent his private hours writing about character, virtue, and the nature of human relationships. His personal journal, known as Meditations, wasn’t written for public consumption. It was a brutally honest conversation with himself about how to navigate a world full of

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Marcus Aurelius’ Stoic Psychology: 7 Rules for Mental Strength in a Chaotic World

Psychology, Stoicism, Success / Steve Burns

Marcus Aurelius ruled the Roman Empire during one of its most turbulent periods — plagues, wars, betrayals, and economic instability tested him daily for nearly two decades. Yet he was never broken. His private journal, now known as Meditations, reveals a disciplined psychological framework that kept him grounded as everything around him fell apart. These

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The Psychology Behind Why the Middle Class Wastes Money, According to Warren Buffett

Personal Finance, Psychology, Warren Buffett / Steve Burns

Warren Buffett built one of history’s greatest fortunes not through complex financial schemes or insider advantages, but by mastering the psychology of money. His insights reveal an uncomfortable truth: the middle class struggles financially not because of insufficient income, but because of consistent psychological patterns that sabotage wealth-building. Understanding these mental traps offers a roadmap

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10 Stoic Psychology Rules That Make People Unbreakable

Psychology, Stoicism, Success / Steve Burns

Most people crack under pressure because they’ve never trained their minds for adversity. They react rather than respond, panic rather than pause, and surrender control to circumstances they can’t change. This mental fragility isn’t a character flaw. It’s the natural result of never learning psychological principles that build resilience. The Stoics understood something modern psychology

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The Psychology of Super Bowl Winners: Mindsets That Win the Big Game

The Psychology of Super Bowl Winners: 10 Mindsets That Win the Big Game

Psychology, Success / Steve Burns

The gap between teams that reach the Super Bowl and teams that win it often has little to do with physical talent. Championship teams and playoff contenders possess similar athletic abilities, coaching expertise, and levels of preparation. What separates winners from those who fall short exists primarily in their psychological makeup. The mental frameworks that

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The Psychology of Generation X Explained

Psychology / Steve Burns

Generation X, born roughly between 1965 and 1980, occupies a unique space in the generational conversation. They are often overlooked, quietly wedged between the culturally dominant Boomers and the frequently discussed Millennials. Yet their psychological makeup is deeply fascinating, and far more layered than most people realize. Understanding how Gen X thinks, reacts, and operates

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10 Things That Scream “I’m Pretending to Be Upper Class” (Middle-Class Behavior)

Personal Finance, Psychology / Steve Burns

The “Middle-Class Trap” is the phenomenon in which people try so hard to signal status that they end up revealing exactly where they actually sit on the economic ladder. Actual old money or upper-class behavior is often defined by discretion and utility, whereas pretending to be upper-class is usually determined by performance. The difference isn’t

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How To Always Watch Your Thoughts Using Stoic Principles

Psychology, Stoicism / Steve Burns

Your thoughts shape your life more than your circumstances ever will. The Stoics understood this truth centuries ago, teaching that events themselves hold no power over you. The real power lies in the judgments you form about those events. Watching your thoughts is the foundational Stoic skill. It’s not about positive thinking or mental suppression.

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Take Care of Yourself First: The 5 Stoic Rules of Self-Discipline

Psychology, Stoicism / Steve Burns

Self-discipline isn’t about punishment or deprivation. It’s about building the internal strength to act according to reason rather than impulse. The Stoics understood this centuries ago, and their principles remain the most practical framework for developing genuine self-control. Taking care of yourself first doesn’t mean selfishness. It means preparing yourself to handle difficulty, resist outside

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7 Reasons Why Self-Improvement Is So Lonely for Middle-Class People

Psychology, Success / Steve Burns

Most people expect self-improvement to bring them closer to others. They imagine admiration, encouragement, and shared excitement about growth. What they encounter instead is distance, friction, and quiet isolation. This isn’t because they’re doing something wrong. It’s because self-improvement fundamentally alters the social contracts that maintain middle-class relationships. The loneliness isn’t dramatic. No one storms

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Reverse Psychology: 5 Stoic Lessons On How To Use Rejection To Your Favor According to Marcus Aurelius

Psychology, Stoicism, Success / Steve Burns

Rejection stings. Whether it’s a job you didn’t get, a relationship that ended, or a project that failed, the emotional impact feels personal and final. But what if rejection, rather than being an end, is actually raw material for building strength, as Marcus Aurelius thought? Marcus Aurelius, the Roman Emperor and Stoic philosopher, saw rejection

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