
The Psychology of Money — with Morgan Housel
The Prof G Pod with Scott Galloway
00:00
Navigating Economic Cycles
This chapter examines the fluctuating nature of financial success and the impact of personal experiences on one's perception of stability. The speakers draw parallels between Stoic philosophy and long-term investing, emphasizing the importance of humility, preparedness for losses, and disciplined financial planning. Additionally, they discuss the influence of family dynamics and modern pressures, highlighting the need for empathy and education in guiding financial decisions.
Transcript
Play full episode