The Morgan Housel Podcast cover image

No One Is Crazy

The Morgan Housel Podcast

00:00

Intro

This chapter explores the striking disparity in lottery spending among different income levels, particularly how poorer households allocate a larger percentage of their income to tickets. It emphasizes the behavioral finance aspects, inviting listeners to understand the hopeful aspirations driving these financial choices.

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner
Get the app