Conversation with Morgan Housel — Behaviors that Influence our Money Decisions and Habits
The Prof G Pod with Scott Galloway
00:00
Navigating Financial Psychology and Homeownership
This chapter explores how psychological factors like greed, fear, and uncertainty impact financial decisions and investments, especially in today's volatile housing market. It emphasizes the significance of financial prudence over societal pressures, particularly for young families considering homeownership. The discussion also highlights the importance of emotional discipline in investing and introduces dollar cost averaging as a strategy to combat emotional decision-making.
Transcript
Play full episode
