For 95% of people, you can't afford to underperform the SMP 500. "I think it's dangerous when particularly a lot of young people look at the must and the Bezos," he says. The stock rank in terms of importance to achieving wealth, earning, saving, and investing.
Morgan Housel, a partner at The Collaborative Fund, and author of “The Psychology of Money,” joins Scott to discuss the behaviors to consider when it comes to building wealth and the importance of earning, saving, and investing. Follow Morgan on Twitter, @morganhousel.
Scott opens with his thoughts on Meta’s move to subscription + our society’s problem with ageism and sexism.
Algebra of Happiness: know how to de-escalate a situation.
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