Merrill Lynch wrote a book called, just keep buying. The message is the stock market always goes up and it's actually the opposite. He says he was bashed in the main stream press for writing about personal funds instead of mutual funds. His biggest regret from his book is that he didn't finish it.
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