The Subtle Art of Not Giving a F*ck Podcast cover image

The Subtle Art of Not Giving a F*ck Podcast

What Nobody Tells You About Getting Rich (ft. Morgan Housel)

Nov 8, 2023
01:03:18
Snipd AI
Morgan Housel, New York Times Bestselling author of The Psychology of Money, discusses the emotional aspects of money, the human tendency to compare wealth, the impact of market downturns, the surprising journey to wealth, the power of encouragement in education, the timeless nature of human behavior, playing 'Fuck Mary Kill' with Warren Buffett, Charlie Munger, and George Soros, and excitement for his engaging book.
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Podcast summary created with Snipd AI

Quick takeaways

  • The pursuit of wealth is often driven by a desire for status rather than true happiness.
  • Earning or losing great amounts of money can amplify existing characteristics and values in individuals.

Deep dives

The Pursuit of Wealth and its Deeper Meaning

The podcast episode explores the idea that the pursuit of wealth is not just about money, but about something much deeper. The guest, Morgan Hausal, emphasizes that humans are wired for status and not for happiness. Wealth is viewed as a tangible form of status, and people measure their wealth and self-worth relative to others. However, this constant pursuit of money and comparison with others causes anxiety and prevents people from feeling satisfied, even as their wealth increases. Hausal highlights the importance of understanding the emotional and irrational relationship between wealth, self-worth, and happiness.

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