The Robinhood founder says it's hard to draw a line between being bold and reckless. Daniel Kahneman made the point that whenever there is extreme success, there's always an element of luck. The more successful your role model is, the lower the odds that you'll be able to emulate their success.
Morgan Housel is a partner at Collaborative Fund and author of The Psychology of Money. In this episode, Morgan shares his idea of writing, key lessons he learned from his parents and the ones he wishes to pass on to his kids, the most important thing money can buy, and practicing simplicity in a complex world.