Morgan Housel - The Art Of Money, Economic Madness, And Building Wealth

Talking points: culture, economics, mindset, debt, Ed Hardy

To maybe understate things, it's a jungle out there right now, financially speaking. I've really enjoyed Morgan's books and perspective, so in early April, I asked him to come on. He shared TONS of insight on tariffs, what's next, how the average person can change their financial straights for the better, even Fartcoin. Listen in.

(00:00:00) - What in the world is going on

(00:09:35) - If it’s about bringing manufacturing back, then will jobs go to workers—or to automation?

(00:16:37) - On tariff misconceptions and myths, and the difference between personal debt and government debt

(00:25:27) - How does the average person weather the storm?

(00:29:49) - How building wealth is behavioral, not intellectual, and the anti-capitalist mindset

(00:38:19) - What to do when you’re struggling to get your finances under control

(00:44:00) - Discovering why you actually want more money, and raising kids with good financial sense

(00:59:04) - How do you learn what “enough” is, and the psychology of bitcoin

Morgan Housel is a partner at The Collaborative Fund. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. He lives in Seattle with his wife and two kids.

Connect with Morgan

-Coming in October: The Art of Spending Money: https://www.penguinrandomhouse.com/books/741239/the-art-of-spending-money-by-morgan-housel/

-Instagram: https://www.instagram.com/morganhousel/

-Podcast: https://lnk.to/vDltf2