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#001 Morgan Housel on The Psychology of Money

The Julia La Roche Show

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The Role of Balance in the Market

I think I framed Ronald Reeds as a hero. He was multi-millionaire until he passed and it's like, well, why not live a little and use some of the wealth you had attained over that time? See, this is something I regret about the book. And I wanted to use him as an example of you don't need a lot of education to gain wealth. You just need the right mentality. But I don't aspire to live like that. I want to live a better material life than he did. So I sort of regret about that.

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