
Ep. 5 - Morgan Housel on Seeking Simplicity in a Complex World
The One Percent Show with Vishal Khandelwal
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The Importance of Basic Stuff in Money
People who are very educated and have a lot of financial experience tend to completely ignore the simple stuff that works because it's too simple for them to think about. You get things in GameStop and AMC that baffle smart money billionaire hedge fund managers because they're dealing with teenagers. The aggregate influence of uninfluential people is another thing that tends to go unnoticed in the world.
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