Timeless Lessons on Wealth, Greed, and Happiness | The Psychology Of Money With Morgan Housel

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On today’s show, venture capitalist and finance writer, Morgan Housel joins me to talk about his new book, The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness.
We talk about the role that emotions like greed and fear play in investing. Morgan explains why people with no formal finance training can have excellent investment records. Why 90% of investing comes down to mastering three things: living below your means, investing for the long-term, and expecting volatility. We discuss the difference between being rich and being wealthy, and what the ultimate purpose of wealth is. Morgan also shares his secret for pulling out lessons from history to make better decisions today. This one is packed full of stories and knowledge
📖BOOK MENTIONED:
- The Psychology of Money - amzn.to/3wGogxp
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[@christieaf08]

Profound WISDOM,

[@MakTube25]

Get the book, its awakening and thoughtful.

[@Shambayamiti]

Who else knew the Chris Rock rich vs wealthy analogy was what he was referencing before he said it?! Holy shit I felt smart for 2seconds for having preempted it. Lol.

[@maddysydney]

Common sense! Brilliant! I have bought the book and now to read it

[@mahdi5796]

Loved the session. Im going to buy the book once audio version comes up

[@kristyk1188]

Its crazy listening and relating to some much of what you guys are talking about. Definitely gonna look for the book. And subscribing to your podcast🙂

[@robel1992]

I know that's a Chris Rock bit - but I would put Shaq in the wealthy category now. You see how some of these NBA players move after they get big money... Shaq saved - invested and now is giving back to the community. Besides this - great podcast Morgan!

[@alwaysthinking2175]

a very stoic way of thinking.

[@TheInvestorsPodcastNetwork]

Hope you enjoyed the episode!

[@iwashere3832]

Lots of knowledge in it wow now im happy to know.🙌

[@mars56100]

I started with being very good with my .50 cents a week allowance! Yes .50 cents a week. I always had a respect for 💵💰

[@yhang20batiancila33]

History is a study of change.Used as a map for the future.

[@GNYC77]

I love this episode and discussion.

[@TheInvestorsPodcastNetwork]

So happy to hear that!

[@doug2731]

What's easy to do is also easy *not* to do. - Jim Rohn

[@frankli7848]

Thank you ! Very insightful

[@TheInvestorsPodcastNetwork]

Glad it was helpful!

[@kcho6064]

The amount of ads on this video makes it very unwatchable. Great guest though

[@johncenakiwi]

AdBlocker my friend

[@maddysydney]

@@johncenakiwi How do you have adblocker on KZbin app?

[@runkda4036]

Just pay subscription and you will never have another add in your life

[@runkda4036]

Just pay subscription and you will never have another add in your life

[@iliafloros8021]

KZbinvanced my friend

[@Nana90210]

Thanks you. 👍this my second listen

[@TheInvestorsPodcastNetwork]

Thanks so much, Nana! We love having you here. If you haven't seen the more recent video interview yet, here it is kzbin.info/www/bejne/mGfPhZmvZruqfa8 😉

[@prasendiprasendi3074]

Menit 49 sampai selesai tentang enough is enough dan seseorang yang mengatakan i don't have desire to become wealthier

[@amitchoudhary6921]

too many ads

[@senadrothkegel]

Unwatchable without an adblocker

[@Sophia-om4vx]

Too many ads

[@toddvoeller3437]

The real name is not psychology of money.. It's the "psychopathy of",,, money...