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Morgan Housel, author of “The Psychology of Money,” discusses the difference between wealth and riches, managing uncertainty in the markets, and teaching kids about money. The podcast delves into the psychological impact on financial decisions, the dangers of FOMO and ego, and the significance of long-term market views.
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- Understanding the difference between being wealthy and being rich is crucial for financial decisions.
- Dealing with uncertainty in the markets requires a strategic and patient approach to avoid impulsive decisions.
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The Fundrise Innovation Fund Democratizes Venture Capital Investment
The Fundrise Innovation Fund, with a $100 million portfolio, aims to democratize venture capital, providing access to pre-IPO technology companies. This initiative challenges the historical exclusivity of venture capital, allowing more investors to participate. The fund's objective is to open up opportunities that were previously limited to a select few, revolutionizing the investment landscape.
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