Capital Allocators – Inside the Institutional Investment Industry Morgan Housel – The Psychology of Money (Capital Allocators, EP.155)
4 snips
Sep 7, 2020 
Morgan Housel, a partner at Collaborative Fund and acclaimed finance writer, shares insights from his best-selling book, The Psychology of Money. He discusses the unique lessons learned from his non-traditional education and shares personal anecdotes about luck, risk, and the power of patience in investing. Housel also delves into the transformative nature of human behavior in finance, the challenges of navigating social media, and his inspiring journey overcoming stuttering. Tune in for a captivating blend of personal stories and financial wisdom!
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Ski Racing Over School
- Morgan Housel prioritized ski racing over traditional high school, opting for an independent study program.
- He valued real-world experiences and autonomy gained through travel and skiing.
Investment Banking Disillusionment
- Morgan's initial career goal was investment banking, influenced by its perceived prestige and financial rewards.
- However, a brief internship quickly disillusioned him, leading him to explore other paths.
Finding Passion in Writing
- Morgan's writing career began unexpectedly at The Motley Fool after the 2008 financial crisis disrupted his finance career plans.
- He discovered a passion for writing, particularly about the intersection of finance, psychology, and history.
