We Study Billionaires - The Investor’s Podcast Network cover image

TIP351: The Psychology of Money w/ Morgan Housel

We Study Billionaires - The Investor’s Podcast Network

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Investing Through Crisis: Lessons from History

This chapter explores the crucial moments in investing, focusing on how emotional responses during crises, like the COVID-19 crash, influence long-term financial outcomes. It draws parallels between investing and historical events, such as WWII, illustrating how minor occurrences can dramatically alter overarching trends. The discussion further analyzes economic shifts since the mid-20th century while addressing current challenges like demographic changes and the funding of social security.

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