The Rise Productive Podcast cover image

95 - The Psychology of Money by Morgan Housel

The Rise Productive Podcast

00:00

The Psychology of Money

i felt a real example of this when i was watching im call sall and es, like other examples in the book. He talks about why people do the lottery and buy lottery tickets so often is that they target poor people who are not already living their financial dream. People who are middle class or upper class, it seems illogical to spend money on the lottery because we are already living what to them is a dream. And another thing, i think he might have pointed out in this chapter, was, you know, modern finance is like two years old, if yousay, it's not really that old. It's like they invented the four one k less than a hundred years ago

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app