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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 - [ Ссылка ]
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