EPISODE · Dec 14, 2020 · 28 MIN
1134: The Psychology of Money with Author Morgan Housel
from So Money with Farnoosh Torabi
Mastering money has little to do with math. Instead, behavior is the most important side of investing, says today's guest Morgan Housel, author of the top-selling book The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness. We discuss many of his insights including the underestimated power of luck and risk, how the only way to stay wealthy is being both frugal and paranoid, and the fallacy of 'earned success' and 'deserved failure.'Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
Mastering money has little to do with math. Instead, behavior is the most important side of investing, says today's guest Morgan Housel, author of the top-selling book The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness. We discuss many of his insights including the underestimated power of luck and risk, how the only way to stay wealthy is being both frugal and paranoid, and the fallacy of 'earned success' and 'deserved failure.'Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.
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1134: The Psychology of Money with Author Morgan Housel
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