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11min chapter
TIP657: Morgan Housel's Lessons to Build Wealth w/ Clay Finck
We Study Billionaires - The Investor’s Podcast Network
Progress, Pessimism, and Personal Finance
This chapter examines humanity's advancements over the past century, highlighting the interplay between technological progress and human resilience. It discusses the pitfalls of pessimism and the importance of recognizing what constitutes 'enough' in personal finance, illustrated through the cautionary tale of Rajat Gupta's downfall. Ultimately, it encourages a long-term investment strategy focused on fulfilling financial goals without sacrificing core values.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode