Modern Wisdom

#222 - Morgan Housel - How To Become Wealthy, Stay Wealthy & Be Happy

Sep 21, 2020

01:15:03

Creator website

Highlights

AI Chapters

Episode notes

Are You Getting the Gold Post to Stop Moving?

02:39

The Psychology of Money

05:01

What Does It Not Get You?

03:45

Introduction

4min

I've a Price for Everything. Oh, Man. Let's Get Started

3min

Book Review - The Rich Dad, Poor Dad of 20 20

3min

The Psychology of Money

5min

What Does It Not Get You?

4min

How Luck and Risk Are Related

5min

The Hard Dynamic With Luck and Risk

1min

You Never Get Fired for Following the Formula

2min

Are You Eating More Than You Expense?

1min

10.

Buffet - The Greatest Investor of All Time

5min

11.

How to Maximize Your Social Media

3min

12.

Getting Rich vs Staying Rich

3min

13.

Cultivate Your 20/20 - The Perfect Example of the Continuous Chain of Breaking Disappointments

4min

14.

Living Below Your Means Is the Golden Rule of Become Wealthy

2min

15.

How to Get Rid of Money Fast

3min

16.

The Matralism Set Point, and the Happiness Setpoint

2min

17.

Are You Getting the Gold Post to Stop Moving?

3min

18.

Is There a Perfectly Balanced Financial Roll Model?

3min

19.

Why Is It So Hard to Make It to the Prose?

3min

20.

Investing Strategy

4min

21.

The Psychology of Money Makes NoSense

3min

22.

Wall Street Bets - The New Big Short

2min

23.

How to Make a 100 Billion Dollars From Apple

2min

24.

What's Happening With Tessler an Apple This Year?

2min

25.

What People Love About Elon Musk

2min

26.

The Odds That Look Szenario That Biden Wins Are Extremely High

3min

27.

20 20 - Some History for You

2min

Morgan Housel is a writer and investor.

It doesn't matter if you earn £10m a year, if you spend £11m then you're not creating any wealth. How can people who are so rich be so stupid with money? Cue Morgan, the no-BS finance guy.

Expect to learn Morgan's golden rule of becoming wealthy, why luck & risk are the same thing, why buying a Ferrari is often a terrible idea, what the stock market was thinking in 2020, whether we'll have a mud wrestling match and much more...

Sponsor:

Get 20% discount on Reebok’s entire range including the amazing Nano X at https://www.reebok.co.uk (use code MW20)

Extra Stuff:

Buy The Psychology Of Money - https://amzn.to/2xAHWXD

Follow Morgan on Twitter - https://twitter.com/morganhousel

Get my free Ultimate Life Hacks List to 10x your daily productivity → https://chriswillx.com/lifehacks/

To support me on Patreon (thank you): https://www.patreon.com/modernwisdom

Get in touch. Join the discussion with me and other like minded listeners in the episode comments on the MW YouTube Channel or message me...

Instagram: https://www.instagram.com/chriswillx

Twitter: https://www.twitter.com/chriswillx

YouTube: https://www.youtube.com/ModernWisdomPodcast

Email: https://www.chriswillx.com/contact