Animal Spirits Podcast cover image

Animal Spirits Podcast

You Can't Quantify Happiness (EP.335)

Nov 22, 2023
Topics in this podcast include the blowout year for the Nasdaq 100, how experience shapes investment decisions, transitory inflation arguments, where prices have risen the most, who got the biggest wage gains, why housing prices refuse to crash, where to find affordable houses, why you can't trust sentiment surveys, and much more!
01:08:15

Podcast summary created with Snipd AI

Quick takeaways

  • Material possessions can bring happiness and satisfaction despite the common belief that they don't.
  • Quantifying happiness through surveys is unreliable due to subjectivity and potential bias.

Deep dives

Changing perceptions of happiness and material possessions

Despite the common belief that material possessions do not bring true happiness, the speaker reflects on their personal experiences and admits that buying certain items, such as a new TV, can provide a sense of joy and satisfaction.

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