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3min chapter
The Psychology of Money — with Morgan Housel
The Prof G Pod with Scott Galloway
The Modern Economy Generates Wealth and Envy
When Morgan was in college, he worked as a valet at a five-star hotel. He realized that nobody cares about the driver, but they want to be the driver because they think other people will then care about them. It's easy to overestimate how much social credit you're going to get from nice stuff. Low cost ETFs and index funds are just kind of where the bulk of your money should go.
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