
A Few Things I'm Pretty Sure About
The Morgan Housel Podcast
00:00
Understanding Unseen Risks and Expectations in Finance
The chapter delves into the concept of unseen risks that often pose the greatest threats, stressing that these are frequently absent from media discussions. It reflects on historical contexts, such as the aftermath of the 1930 stock market crash, highlighting how public perception can lag behind actual economic crises. Additionally, it discusses the importance of managing expectations in financial wellbeing, emphasizing that the most valuable asset is the ability to live without the need to impress others.
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