Yon kerso jim: volatility is taking place, because people are selling. I thnk this pry actually more common ground between what you and i believe then people think. My next book on this topic, it's about behaviors that never change overtime. All innovations, humans acted exactly the same way. In 19 hundred there were 200 car manufactures in america. And bat are there two or one now? You write about the right brothers. The last sustainable edge is to arbitrage human nature.
Morgan Housel comes back for his second episode and Infinite Loops’ 100th episode! Morgan is a financial writer and author of the bestselling book “Psychology of Money” — having sold more than a million copies worldwide! You can follow Morgan on Twitter at https://twitter.com/morganhousel, and read his blog at https://www.collaborativefund.com/blog/ Show Notes:
- Morgan’s role at Collaborative Fund
- Marketing that isn’t “forced”
- Good product is good marketing
- When perception becomes reality
- Feedback to Morgan’s book
- The power of stories
- Understanding finance vs. Experiencing it
- Writing is thinking
- Not a great age for middlemen
- Promises of crypto
- Should volatility be considered as risk?
- Morgan’s next book
- Disconnect between the ideal and the practical
- Change in Morgan’s life after his book’s success
- Happiness is not about money
- Raising children into great adults
- Interviews should be conversations, not interrogations
- On luck and humility
Books Mentioned:
- Psychology of Money; by Morgan Housel