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#222 - Morgan Housel - How To Become Wealthy, Stay Wealthy & Be Happy
Modern Wisdom
The Matralism Set Point, and the Happiness Setpoint
I hypothesized one of our episodes at the beginning of this year, i proposed that people have a materialism set point. And my prescription was, if that is the way that you are, that you show love in the world, that you feel er a claim and success, you'd better hope that you get a good job or your investments go well. A psychologist on the show very recently called fiona murden, who wrote a book called mirror, thinking about the mirror neeron. And says, that is precisely what people have. They have a materialist set point the same way as we have a hidonic setpoint, the same wayas we have a happiness setpoint.
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