Give me the 20 insights

The 20 insights from the content can be summarized as follows:

1. Personal experiences heavily influence financial decisions.
2. Luck and risk play a significant role in success.
3. Avoid unnecessary risks when you have enough to cover your needs.
4. Consistent returns are more important than high returns.
5. Getting wealthy and staying wealthy require different skills.
6. Most success comes from a small number of big winners.
7. Control over your own time contributes to happiness.
8. Wealth is the money that is not spent.
9. Building wealth is more about savings rate than income or investment return.
10. Flexibility is crucial in the face of increasing competition.
11. Being reasonable is easier to maintain than being coldly rational.
12. Emotional connection to investments can help you stay in the game.
13. History is a poor guide to investing.
14. Building a margin of error into plans is essential.
15. Long-term financial plans should be flexible.
16. Trying to game the system often backfires.
17. Bubbles form when short-term returns attract primarily short-term investors.
18. Taking cues from investors with different goals can be a mistake.
19. Bad news gets more coverage, but identifying potential can be massive.
20. Predictions rarely account for how markets will adapt.