What Nobody Tells You About Getting Rich (ft. Morgan Housel)

Nov 8, 2023 · 1h 03m

Everybody wants to get rich. But is the pursuit of wealth really about the money, or are we actually chasing something much deeper? These are just a couple of the fun ideas I toss around in this episode with Morgan Housel, New York Times Bestselling author of the smash hit, The Psychology of Money, which has sold more than four million copies worldwide. We’ll dig deep to uncover our relationship with money, answer the timeless question “Will getting rich make me happy?” and share some of Morgan’s best investing tips. So put away your spreadsheets, step away from the credit card, and for god’s sake stop trading crypto for five seconds, and settle in for this one. We might just make you filthy fucking rich. CHAPTERS Chapters 00:00:00 Introduction: Morgan Housel and The Psychology of Money 00:01:34 Why We Attach Moral Value to Wealth 00:02:58 The Relative Nature of Wealth and the Never-Ending Treadmill 00:03:55 Social Media and the Quantification of Status 00:06:49 Sustainability Over Short-Term Wins 00:09:14 Does Money Change You or Expose Who You Already Are? 00:12:11 The Hedonic Treadmill and the Pain of Losing Wealth 00:15:16 Learning to Handle Market Volatility and Panic Selling…

On this episode