I don't get his analogy of 'sleight of hand'. If anything, sleight of hand is fooling yourself into thinking you are rich, when in all probability you are not,

I don't get his analogy of 'sleight of hand'. If anything, sleight of hand is fooling yourself into thinking you are rich, when in all probability you are not, whatever 'rich' may mean to you, because it's not all about money. 'Some people are so poor, all they have is money' as the saying goes. Also: certain monetary events in life do not automatically make you happy, as your foundation for that wealth has to be fundamentally sound. If you can't handle $1000 of disposable income correctly, then you can't handle a million.