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#210 Morgan Housel- The Psychology of Money

What Got You There with Sean DeLaney

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Investing Is So Simple, That's What You Need to Know

The world is full of obvious things which nobody, by any chance, ever observes. If you spend less money than you make, save the difference. Invest in a low in diversified, locos port folio in b patient. That's 90 % of finance. Even for professionals, amateursi does, that's 90%. But i think that's too simple. It's too basic for people to pay attention to. They want the other or even if they know that's 90%, they're going to focus all their attention on the more complex strategies and what not. So i think investing is just this like, what works is so simple. You don't need any of the fancy

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