Glue Guys Morgan Housel: The Cost of Ego - [Glue Guys, EP.13]
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Nov 21, 2024 
Morgan Housel, author of "Psychology of Money," delves into the intersection of ego and financial success. He discusses how the need to keep up with societal expectations can lead to poor financial choices, particularly among athletes. Housel emphasizes the balance between confidence and humility, and the impact of social media on our perceptions of success. He shares personal anecdotes about navigating insecurities and the importance of embracing one’s unique journey to happiness over traditional metrics of wealth.
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Unconventional Path to Writing
- Morgan Housel's path to becoming a financial writer was unplanned, starting with a competitive ski racing background and a non-traditional education.
- After a series of setbacks, including the death of friends and a broken back, he found his way into writing through desperation.
The Value of Outside Observation
- Harsh feedback from blog commenters helped Housel hone his writing skills.
- He embraced being an outside observer, free from the biases of those "in the trenches."
Balancing Humility and Confidence
- Success requires a balance of humility and confidence.
- Housel emphasizes the importance of "toggling" between these two mindsets.
