A lot of people said, i love the book until i got to the last chapter and iv found out that you just invested index funds, and it ruined everything up. That was probably the strongest piece of negative feedback,. including poplei was so strong that they said that they can't take the rest of the book seriously because of how i infest. I just think it's fascinating. The numbers in my head are, look, if i can dollar cost average into innex funds for 50 years, i'll probably end up in the top, maybe one % of investors., he says.
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