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20min chapter
Morgan Housel: The Psychology of Money
Moonshots Podcast: Superstar mindsets and success habits
The Psychology of Money and Financial Habits
The chapter explores the importance of cultivating good financial habits, emphasizing the impact of behavior on investment success over intelligence. It contrasts the industry's focus on complexity with the real-life success of individuals who build wealth through simple investing strategies. The narrative delves into the psychology of money, highlighting the dangers of social comparisons and the importance of patience and long-term thinking in financial decisions.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode