Exploring the false assumptions people make about material possessions and the addiction-like nature of constantly seeking more. Emphasizing the importance of financial success not being about impressing others.
If we can't predict the future, how can we prepare for a future in which we'll thrive? We consult Same As Ever author Morgan Housel for answers!
What We Discuss with Morgan Housel:
Why the best investment lessons won't be found in a finance textbook — they'll be found by understanding human behavior.
Changes are exciting and novel, but most human behavior patterns are consistent over generations.
The importance of preparedness over prediction.
Why Morgan believes the first rule of happiness is low expectations.
The dangers of lifestyle creep and comparison (and the early epiphany that broke Morgan free from playing this losing game).