1489: Building Wealth With the Right Behavior; Morgan Housel, Author of The Psychology of Money
So Money with Farnoosh Torabi
00:00
Getting Rich vs Staying Rich
Getting rich requires a certain level of paranoia and pessimism about the short run. You need to save like a pessimist so that you can stick around long enough to benefit from compounding. How important is your environment though, right? The family you grew up in, the community that you were raised in,. And some people have more of an advantage than others when it comes to managing money well.
Play episode from 05:52
Transcript
