https://www.spreaker.com/podcast/the-psychology-of-money-with-morgan-housel--7445036enBusinessCopyright ferthttps://d3wo5wojvuv7l.cloudfront.net/t_rss_itunes_square_1400/images.spreaker.com/original/5a2b221ed6b3ee6b0be5191852fad80d.jpghttps://www.spreaker.com/podcast/the-psychology-of-money-with-morgan-housel--7445036Fri, 09 Oct 2026 11:23:42 +0000fertfertfeeds@spreaker.comTimeless lessons on wealth, greed, and happiness.true6a689ff8-137b-5c8f-a9c6-ecc8cab06df5episodichttps://www.spreaker.com/episode/a-false-sense-of-how-people-view-you--75666793Want to help this show? Take this quick survey: https://www.surveymonkey.com/r/B2QLMW6
This episode is brought to you by Davis Advisors. To learn more, visit https://www.davisadvisors.com/. Before investing, you should carefully consider the investment objectives, risks, charges, and expenses. The prospectus or Form ADV, as applicable, contains this and other information. You can obtain a current prospectus or Form ADV by calling 800-279-2279. Investing involves risks including possible loss of principal.]]>64d4c6b8-a055-4a59-b140-34e81c1df891Fri, 09 Oct 2026 11:00:00 +0000fertThe disconnect between what you're trying to show and what other people see -- plus, demographics, influencers, and the role of luck. Want to help this show? Take this quick survey: https://www.surveymonkey.com/r/B2QLMW6 This episode is brought to...Want to help this show? Take this quick survey: https://www.surveymonkey.com/r/B2QLMW6
This episode is brought to you by Davis Advisors. To learn more, visit https://www.davisadvisors.com/. Before investing, you should carefully consider the investment objectives, risks, charges, and expenses. The prospectus or Form ADV, as applicable, contains this and other information. You can obtain a current prospectus or Form ADV by calling 800-279-2279. Investing involves risks including possible loss of principal.]]>1213falsefullhttps://www.spreaker.com/episode/three-types-of-intelligence--75644533This episode is brought to you by Davis Advisors. To learn more, visit https://www.davisadvisors.com/. Before investing, you should carefully consider the investment objectives, risks, charges, and expenses. The prospectus or Form ADV, as applicable, contains this and other information. You can obtain a current prospectus or Form ADV by calling 800-279-2279. Investing involves risks including possible loss of principal.]]>cd6d0b7a-27f6-4da8-a021-6f0016d1d2ceFri, 02 Oct 2026 12:54:53 +0000fertNew skills that become more important in an AI world, the cost of living, and winning the lottery. This episode is brought to you by Davis Advisors. To learn more, visit https://www.davisadvisors.com/. Before investing, you should carefully consider...This episode is brought to you by Davis Advisors. To learn more, visit https://www.davisadvisors.com/. Before investing, you should carefully consider the investment objectives, risks, charges, and expenses. The prospectus or Form ADV, as applicable, contains this and other information. You can obtain a current prospectus or Form ADV by calling 800-279-2279. Investing involves risks including possible loss of principal.]]>1512falsefullhttps://www.spreaker.com/episode/an-overlooked-reason-homes-are-so-expensive--75644520This episode is brought to you by Davis Advisors. To learn more, visit https://www.davisadvisors.com/. Before investing, you should carefully consider the investment objectives, risks, charges, and expenses. The prospectus or Form ADV, as applicable, contains this and other information. You can obtain a current prospectus or Form ADV by calling 800-279-2279. Investing involves risks including possible loss of principal.]]>53425c39-13e4-4da6-94b4-e44686df2c17Fri, 25 Sep 2026 11:00:00 +0000fertMore Americans than ever own stocks -- and helps explain part of why home prices have become detached from incomes. This episode is brought to you by Davis Advisors. To learn more, visit https://www.davisadvisors.com/. Before investing, you should...This episode is brought to you by Davis Advisors. To learn more, visit https://www.davisadvisors.com/. Before investing, you should carefully consider the investment objectives, risks, charges, and expenses. The prospectus or Form ADV, as applicable, contains this and other information. You can obtain a current prospectus or Form ADV by calling 800-279-2279. Investing involves risks including possible loss of principal.]]>1304falsefullhttps://www.spreaker.com/episode/nothing-too-good-or-too-bad-stays-that-way-for-long--75644535This episode is brought to you by Davis Advisors. To learn more, visit https://www.davisadvisors.com/. Before investing, you should carefully consider the investment objectives, risks, charges, and expenses. The prospectus or Form ADV, as applicable, contains this and other information. You can obtain a current prospectus or Form ADV by calling 800-279-2279. Investing involves risks including possible loss of principal.]]>edcede58-bca9-4abe-a8a9-1191e70f2e65Fri, 18 Sep 2026 13:04:56 +0000fertOne of the most important financial skills: recognizing when things are abnormally good and realizing they won't last. This episode is brought to you by Davis Advisors. To learn more, visit https://www.davisadvisors.com/. Before investing, you should...This episode is brought to you by Davis Advisors. To learn more, visit https://www.davisadvisors.com/. Before investing, you should carefully consider the investment objectives, risks, charges, and expenses. The prospectus or Form ADV, as applicable, contains this and other information. You can obtain a current prospectus or Form ADV by calling 800-279-2279. Investing involves risks including possible loss of principal.]]>1310falsefullhttps://www.spreaker.com/episode/ai-optimism-and-the-agony-of-waiting--75644536This episode is brought to you by Davis Advisors. To learn more, visithttps://www.davisadvisors.com/.Disclosure: Before investing, you should carefully consider the investment objectives, risks, charges, and expenses. The prospectus or Form ADV, as applicable, contains this and other information. You can obtain a current prospectus or Form ADV by calling 800-279-2279. Investing involves risks including possible loss of principal.]]>10f90f85-4d2d-4224-b8d7-62f0b022d98cFri, 11 Sep 2026 16:20:58 +0000fertMost forecasts are hyper-optimistic or hyper-pessimistic. Not enough attention to the possibility that the main outcome in 10 years is that all businesses are 20%-30% more productive and life goes on. This episode is brought to you by Davis Advisors....This episode is brought to you by Davis Advisors. To learn more, visithttps://www.davisadvisors.com/.Disclosure: Before investing, you should carefully consider the investment objectives, risks, charges, and expenses. The prospectus or Form ADV, as applicable, contains this and other information. You can obtain a current prospectus or Form ADV by calling 800-279-2279. Investing involves risks including possible loss of principal.]]>1231falsefullhttps://www.spreaker.com/episode/the-richer-you-get-the-easier-it-is-to-imagine-something-better--75644525feb34f5f-93c9-40f5-afd3-0aed47a48b5eFri, 04 Sep 2026 12:56:48 +0000fertThis episode is brought to you by “Stay Calm” the new book by David Booth. To learn more, visit https://www.staycalminvesting.com/.1278falsefullhttps://www.spreaker.com/episode/40-trillion-national-debt-and-some-important-context--75644519184f7bf0-69e4-4bb1-9e97-3661384a6c0eFri, 28 Aug 2026 12:32:09 +0000fertThis episode is brought to you by “Stay Calm,” the new book by David Booth. To learn more, visit https://www.staycalminvesting.com/1074falsefullhttps://www.spreaker.com/episode/the-sociology-of-money-be-careful-who-you-socialize-with--7564452837f91d34-942e-4ce2-9d49-a9988738cda0Fri, 21 Aug 2026 13:31:55 +0000fertThis episode is brought to you by Davis Advisors. To learn more, visithttps://www.davisadvisors.com/.Before investing, you should carefully consider the investment objectives, risks, charges, and expenses. The prospectus or Form ADV, as applicable,...1128falsefullhttps://www.spreaker.com/episode/bitcoin-a-reasonable-view-of-the-world-and-passion-is-the-inverse-of-information--75644522f376ccfa-ca54-49f1-a27d-ec1f0015a98bFri, 14 Aug 2026 11:00:00 +0000fertThis episode is brought to you by Davis Advisors. To learn more, visithttps://www.davisadvisors.com/.Before investing, you should carefully consider the investment objectives, risks, charges, and expenses. The prospectus or Form ADV, as applicable,...1499falsefullhttps://www.spreaker.com/episode/a-tale-as-old-as-time-getting-rich-vs-staying-rich--756445274befc062-52ad-4a8c-9417-aae9cf894b84Fri, 07 Aug 2026 11:00:00 +0000fertPlus, a story about free money, and the dangers of telling people what they want to hear. This episode is brought to you by Davis Advisors. To learn more, visithttps://www.davisadvisors.com/.Disclosure: Before investing, you should carefully consider...1566falsefullhttps://www.spreaker.com/episode/respecting-each-other-s-delusions-memory-dividends-and-what-our-grandchildren-will-enjoy--75644531e36be35f-e97f-4bed-9a22-0f946776fc8dFri, 31 Jul 2026 11:00:00 +0000fertPlus, the inability to spend when you've already saved enough, and the value of scarcity.1339falsefullhttps://www.spreaker.com/episode/some-of-the-unhappiest-people-in-the-world--75644534Read the article I mention, Grip Strength, by Jeremy Giffon here.]]>8108176b-d89d-44e8-b8e3-ba3d33b11b17Fri, 24 Jul 2026 01:17:30 +0000fertPlus, how to deal with minimalism, and what happens when everyone makes good financial decisions. Read the article I mention, Grip Strength, by Jeremy Giffon https://x.com/jeremygiffon/article/2079280687346295184.Read the article I mention, Grip Strength, by Jeremy Giffon here.]]>1300falsefullhttps://www.spreaker.com/episode/six-quotes-that-changed-me--75644517d925be61-d705-48fd-b435-50205eecb482Fri, 17 Jul 2026 13:33:14 +0000fertPlus, the dangers of making money your identity.1145falsefullhttps://www.spreaker.com/episode/why-i-m-an-optimist-and-growing-apart-financially--75644532daf363bc-30f7-4239-a7d0-03b694844aa4Fri, 10 Jul 2026 12:00:00 +0000fertPlus, a great documentary I'd recommend.1499falsefullhttps://www.spreaker.com/episode/the-purpose-of-independence-lazy-work-and-believing-forecasts--75644550e196599c-08a3-4507-952f-6ef97d3ab3cfFri, 03 Jul 2026 15:18:56 +0000fertPlus, a new name for this podcast: The Psychology of Money.1576falsefullhttps://www.spreaker.com/episode/the-history-of-uncertainty-the-magic-of-the-long-term-and-overstating-new-technology--75644530dbd1fd05-44be-4092-a94c-c36d96c9d146Fri, 26 Jun 2026 19:00:12 +0000fertPlus, thoughts on earning passive wealth.1790falsefullhttps://www.spreaker.com/episode/natural-maniacs-an-overvalued-market-and-recovering-from-years-of-bad-financial-habits--75644549d7f3c8d8-1238-44a0-b23e-7980f6beb218Fri, 19 Jun 2026 05:56:33 +0000fertPlus, comparing the cost of things you love.1784falsefullhttps://www.spreaker.com/episode/gas-prices-stock-bubbles-grad-advice-and-teaching-personal-finance-in-school--7564457177a0ccb7-7afa-4b98-a40a-2a5d296c1cd7Thu, 11 Jun 2026 15:03:53 +0000fertPlus, thoughts on the scarcity mindset with money.2550falsefullhttps://www.spreaker.com/episode/luck-wealth-kids-kindness-and-a-new-format-questions-from-you--75644552c8307772-fadf-4d83-9fbb-b18a79c9be9bMon, 01 Jun 2026 23:30:27 +0000fertThe luckier you are the nicer you should be, plus three questions from you.1824falsefullhttps://www.spreaker.com/episode/new-podcast-format-and-i-need-your-help--75644518ff0fbccc-1274-4e81-b703-a5c937b90decMon, 25 May 2026 18:15:14 +0000fertThis podcast is going through some changes. As part of the new format, I'll be answering your questions on future episodes. Have a question? Send it to pod@longtermwords.com.67falsefullhttps://www.spreaker.com/episode/long-term-money--756445169bf76ca5-f6a4-4e9e-a774-0df984aedf1aMon, 06 Apr 2026 19:38:15 +0000fertGenerational progress, wealth, and spoiled kids.533false187fullhttps://www.spreaker.com/episode/a-few-things-i-m-pretty-sure-about--75644521155fcd77-a59f-4b21-af2d-6b179072dfdaFri, 16 Jan 2026 19:11:27 +0000fertWe're back! A list a few big things I've been thinking about lately.683false186fullhttps://www.spreaker.com/episode/out-now-the-art-of-spending-money-first-full-chapter-here--75644538Click here to buy the book.]]>5a165cb9-8a44-4b79-9580-84afeaff0e47Tue, 07 Oct 2025 08:17:00 +0000fertThis is a full-chapter preview of my new book, The Art of Spending Money, out today. https://www.morganhousel.com/aosmClick here to buy the book.]]>958false189fullhttps://www.spreaker.com/episode/two-big-stories-that-help-explain-today-s-world--75644539c2ed307e-c81d-40ed-861f-e5965991a5ffWed, 01 Oct 2025 20:12:03 +0000fertWe became aware of each other at the same time we grew apart financially, and the psychology of when news went from local to national to global.790false184fullhttps://www.spreaker.com/episode/playing-your-own-game--75644551Thanks to my friends at Public.comAll investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC. Alpha is an experimental AI tool powered by GPT-4. Its output may be inaccurate and is not investment advice. Public makes no guarantees about its accuracy or reliability—verify independently before use.]]>69b28a88-f926-4ec0-920f-68fc1c866596Fri, 12 Sep 2025 18:46:35 +0000fertFrom the archives: one of my favorite topics -- the importance of playing your own game. Thanks to my friends at Public.comAll investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities,...Thanks to my friends at Public.comAll investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC. Alpha is an experimental AI tool powered by GPT-4. Its output may be inaccurate and is not investment advice. Public makes no guarantees about its accuracy or reliability—verify independently before use.]]>1221false83fullhttps://www.spreaker.com/episode/big-ideas-from-the-art-of-spending-money--75644537here. ***Thanks to my friends at Public.comAll investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC. Alpha is an experimental AI tool powered by GPT-4. Its output may be inaccurate and is not investment advice. Public makes no guarantees about its accuracy or reliability—verify independently before use.]]>dddfdec1-584b-4d03-9e64-a5f5fc4c58d9Fri, 29 Aug 2025 19:08:20 +0000fertPre-order my new book The Art of Spending Money https://www.morganhousel.com/aosm. ***Thanks to my friends at Public.comAll investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities,...here. ***Thanks to my friends at Public.comAll investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC. Alpha is an experimental AI tool powered by GPT-4. Its output may be inaccurate and is not investment advice. Public makes no guarantees about its accuracy or reliability—verify independently before use.]]>649false182fullhttps://www.spreaker.com/episode/investing-the-greatest-show-on-earth--75644541b4170d65-dd30-4d6e-9eb0-6f423baace6aFri, 15 Aug 2025 20:46:38 +0000fertThanks to my friends at Public.comAll investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member...735false181fullhttps://www.spreaker.com/episode/what-ai-might-do-to-the-future-of-work--75644526⁠click here for more.⁠]]>931abbe5-cdab-4ed8-b137-b7debed7010dThu, 07 Aug 2025 20:57:44 +0000fertThanks to my friends at Public.com and their podcast The Rundown -- https://podcasts.apple.com/us/podcast/the-rundown/id1726048251⁠click here for more.⁠]]>1139false180fullhttps://www.spreaker.com/episode/very-bad-advice-and-a-word-on-my-new-book--75644560click here for more.]]>90d0d8a3-3128-4e46-935c-5b8778e226bbTue, 29 Jul 2025 20:59:26 +0000fertThanks to my friends at Public.com and their podcast The Rundown -- https://podcasts.apple.com/us/podcast/the-rundown/id1726048251click here for more.]]>1280false179fullhttps://www.spreaker.com/episode/how-i-think-about-debt--75644543⁠⁠Ramp⁠⁠ -- the best expense accounting system I've seen. For more check out ⁠⁠ramp.com/morgan.]]>c804fa39-30f7-4342-96f2-34c186dab637Mon, 02 Jun 2025 17:55:23 +0000fertThanks to my friends at http://ramp.com/ -- the best expense accounting system I've seen. For more check out http://www.ramp.com/morgan⁠⁠Ramp⁠⁠ -- the best expense accounting system I've seen. For more check out ⁠⁠ramp.com/morgan.]]>567false178fullhttps://www.spreaker.com/episode/a-few-important-questions-for-you-and-some-thoughts-about-buffett--75644548⁠Ramp⁠ -- the best expense accounting system I've seen. For more check out ⁠ramp.com/morgan.]]>5582cde8-0f01-4f86-8ffb-7262e62411d4Fri, 16 May 2025 19:33:35 +0000fertThanks to my friends at http://ramp.com/ -- the best expense accounting system I've seen. For more check out http://www.ramp.com/morgan⁠Ramp⁠ -- the best expense accounting system I've seen. For more check out ⁠ramp.com/morgan.]]>681false176fullhttps://www.spreaker.com/episode/let-me-convince-you-to-save-money--75644547Ramp -- the best expense accounting system I've seen. For more check out ramp.com/morgan.]]>47d4d66f-06db-48db-b923-76d81f792733Tue, 06 May 2025 18:00:20 +0000fertThanks to my friends at http://ramp.com/ -- the best expense accounting system I've seen. For more check out http://www.ramp.com/morganRamp -- the best expense accounting system I've seen. For more check out ramp.com/morgan.]]>736false175fullhttps://www.spreaker.com/episode/how-we-used-to-live-levittown-progress-and-expectations--75644555Ramp -- the best expense accounting system I've seen. For more check out ramp.com/morgan.]]>Buzzsprout-17038596Thu, 24 Apr 2025 18:00:00 +0000fertThanks to my friends at http://ramp.com/ -- the best expense accounting system I've seen. For more check out http://www.ramp.com/morganRamp -- the best expense accounting system I've seen. For more check out ramp.com/morgan.]]>1296falsefullhttps://www.spreaker.com/episode/tariffs-trust-risk-and-regret--75644558Ramp -- the best expense accounting system I've seen. For more check out ramp.com/morgan.]]>Buzzsprout-16990974Wed, 16 Apr 2025 18:00:00 +0000fertThanks to my friends at http://ramp.com/ -- the best expense accounting system I've seen. For more check out http://www.ramp.com/morganRamp -- the best expense accounting system I've seen. For more check out ramp.com/morgan.]]>932falsefullhttps://www.spreaker.com/episode/my-thoughts-on-tariffs-economic-history-and-the-market-decline--75644584eightsleep.com/morganhousel for more.]]>Buzzsprout-16940124Tue, 08 Apr 2025 18:00:00 +0000fertThanks to my friends at Eight Sleep. Check out http://eightsleep.com/morganhousel for more.eightsleep.com/morganhousel for more.]]>1723falsefullhttps://www.spreaker.com/episode/reasonable-vs-rational--75644545eightsleep.com/morganhousel for more.]]>Buzzsprout-16906152Wed, 02 Apr 2025 18:00:00 +0000fertThe most impactful idea to me personally in my book: My theory is that most investment models maximize for risk-adjusted returns, but in the real world every investor wants to maximize for sleeping well at night and being proud of themselves in a...eightsleep.com/morganhousel for more.]]>965falsefullhttps://www.spreaker.com/episode/fees-vs-fines-the-cost-of-admission-in-investing--75644568Ramp -- the best expense accounting system I've seen. For more check out ramp.com/morgan.]]>Buzzsprout-16877625Fri, 28 Mar 2025 19:00:00 +0000fertOne of my favorite psychology studies showed that if you know a reward is coming, but you don't know exactly when, you are susceptible to losing your mind. Isn't it so similar in investing? Thanks to my friends at http://ramp.com/ -- the best expense...Ramp -- the best expense accounting system I've seen. For more check out ramp.com/morgan.]]>742falsefullhttps://www.spreaker.com/episode/beautiful-vs-practical-advice--75644562Ramp -- the best expense accounting system I've seen. For more check out ramp.com/morgan.
]]>Buzzsprout-16830805Thu, 20 Mar 2025 19:00:00 +0000fertI heard a phrase recently: “Magazine architect.”It’s a derisive term architects use for their colleagues who design buildings that look beautiful, grace magazine covers, and win awards, but lack functionality for the tenants.The same is so true for...Ramp -- the best expense accounting system I've seen. For more check out ramp.com/morgan.
]]>794falsefullhttps://www.spreaker.com/episode/the-psychology-of-why-prediction-can-be-so-hard--75644556eightsleep.com/morganhousel for more.]]>Buzzsprout-16793187Fri, 14 Mar 2025 17:00:00 +0000fertA few ideas on why prediction is so hard, and the weird things than happen in our head when we want certain outcome to be true. Thanks to my friends at Eight Sleep. Check out http://eightsleep.com/morganhousel for more.eightsleep.com/morganhousel for more.]]>964falsefullhttps://www.spreaker.com/episode/the-art-and-science-of-investing--75644590Ramp -- the best expense accounting system I've seen. For more check out ramp.com/morgan.]]>Buzzsprout-16781255Wed, 12 Mar 2025 19:00:00 +0000fertTechnology is a science. It’s semiconductors and code and batteries.But Steve Jobs talked about how the iPad was playful and begged you to pick it up as much as he’d talk about its processor. The iPhone is a technological marvel, but Jobs spent a lot...Ramp -- the best expense accounting system I've seen. For more check out ramp.com/morgan.]]>843falsefullhttps://www.spreaker.com/episode/counterintuitive-competitive-advantages--75644566eightsleep.com/morganhousel for more.]]>Buzzsprout-16735597Tue, 04 Mar 2025 22:00:00 +0000fertA few things you might consider disadvantages that actually, in hindsight, could end up as something you're grateful for. Thanks to my friends at Eight Sleep. Check out http://eightsleep.com/morganhousel for more.eightsleep.com/morganhousel for more.]]>711falsefullhttps://www.spreaker.com/episode/pure-independence--75644553eightsleep.com/morganhousel for more. ]]>Buzzsprout-16712013Fri, 28 Feb 2025 21:00:00 +0000fertA simple formula for a pretty nice life is independence plus purpose.Purpose is different for everyone. Sometimes it’s family, sometimes it’s community, religion, work, whatever.But independence is more universal. Our desire to be independent, why we...eightsleep.com/morganhousel for more. ]]>1096falsefullhttps://www.spreaker.com/episode/a-few-things-i-m-pretty-sure-about--75644573eightsleep.com/morganhousel for more. ]]>Buzzsprout-16669469Fri, 21 Feb 2025 16:00:00 +0000fertA collection of things I've been thinking about lately that I hope you find valuable regardless of your profession. Thanks to my friends at Eight Sleep. Check out http://eightsleep.com/morganhousel for more. eightsleep.com/morganhousel for more. ]]>1002falsefullhttps://www.spreaker.com/episode/tails-you-win--75644557Ramp -- the best expense accounting system I've seen. For more check out ramp.com/morgan.
]]>Buzzsprout-16583104Fri, 07 Feb 2025 19:00:00 +0000fertA story about how tails drive everything, and why the vast majority of your success in investing and in life will come from just a few of the things you do. Thanks to my friends at http://ramp.com/ -- the best expense accounting system I've seen. For...Ramp -- the best expense accounting system I've seen. For more check out ramp.com/morgan.
]]>938falsefullhttps://www.spreaker.com/episode/all-the-different-ways-your-life-could-have-turned-out--75644540
Thanks to my friends at 10 East -- check out 10east.co.]]>Buzzsprout-16522853Wed, 29 Jan 2025 11:00:00 +0000fertEveryone knows one version of the world -- the one that's actually happened. But that's just one of infinitive possibilities that could have occurred. I asked ChatGPT to write different versions of how my life could have ended up, and was stunned by...
Thanks to my friends at 10 East -- check out 10east.co.]]>1175falsefullhttps://www.spreaker.com/episode/minimum-levels-of-stress--75644580
Thanks to my friends at Ramp -- the best expense accounting system I've seen. For more check out ramp.com/morgan.]]>Buzzsprout-16493335Fri, 24 Jan 2025 11:00:00 +0000fertMost people – and definitely society as a whole – seem to have a minimum level of stress. They will never be fully at ease because after solving every problem the gaze of their anxiety shifts to the next problem, no matter how trivial it is relative...
Thanks to my friends at Ramp -- the best expense accounting system I've seen. For more check out ramp.com/morgan.]]>770falsefullhttps://www.spreaker.com/episode/what-i-learned-in-2024-a-tale-of-tails--75644554
With thanks to my friends at Nitrogen: check out nitrogenwealth.com.]]>Buzzsprout-16330709Mon, 23 Dec 2024 18:00:00 +0000fertA look at the big story dominating this year: tails drive everything, and everything from businesses to careers either work extraordinarily well, or not at all.  With thanks to my friends at Nitrogen: check out nitrogenwealth.com.
With thanks to my friends at Nitrogen: check out nitrogenwealth.com.]]>809falsefullhttps://www.spreaker.com/episode/the-most-important-financial-skill-getting-the-goalpost-to-stop-moving--75644599
Thanks to my friends at nitrogenwealth.com.]]>Buzzsprout-16303042Wed, 18 Dec 2024 20:00:00 +0000fertA look at why so many Americans think the best was better than it was: People in the past may have been poorer than we are now, but they probably did a better job keeping their expectations in check. Thanks to my friends at...
Thanks to my friends at nitrogenwealth.com.]]>1244falsefullhttps://www.spreaker.com/episode/experts-from-a-world-that-no-longer-exists--75644561
Thanks to my friends at 10 East -- check out 10east.co. ]]>Buzzsprout-16234821Fri, 06 Dec 2024 20:00:00 +0000fertThe world evolves faster than people's beliefs do. This episode looks at the need to change your mind, and why it's so difficult to do so.  Thanks to my friends at 10 East -- check out 10east.co. 
Thanks to my friends at 10 East -- check out 10east.co. ]]>791falsefullhttps://www.spreaker.com/episode/universal-laws-of-the-world--75644570
Thanks to my friends at Nitrogen -- check out nitrogenwealth.com]]>Buzzsprout-16185726Wed, 27 Nov 2024 19:00:00 +0000fertA few laws from random sciences that almost certainly apply to your own -- regardless of what you do for a living.  Thanks to my friends at Nitrogen -- check out nitrogenwealth.com
Thanks to my friends at Nitrogen -- check out nitrogenwealth.com]]>1109falsefullhttps://www.spreaker.com/episode/why-pessimism-sounds-so-smart--75644581
There are several reasons why. 

Special thanks to my friends at Readwise -- check out Readwise.IO/morgan.]]>Buzzsprout-16115260Fri, 15 Nov 2024 21:00:00 +0000fertIf you're a student of history, you know that most things have gotten better for most people over time. But read the news and what do you hear? Pessimism, pessimism, pessimism.  There are several reasons why.  Special thanks to my friends at...
There are several reasons why. 

Special thanks to my friends at Readwise -- check out Readwise.IO/morgan.]]>1007falsefullhttps://www.spreaker.com/episode/rare-and-powerful-skills--75644563
Brought to you my friends at Readwise -- visit Readwise.io/morgan. ]]>Buzzsprout-16047830Mon, 04 Nov 2024 20:00:00 +0000fertA few easy-to-overlook skills that are so vital in today's world.  Brought to you my friends at Readwise -- visit Readwise.io/morgan. 
Brought to you my friends at Readwise -- visit Readwise.io/morgan. ]]>943falsefullhttps://www.spreaker.com/episode/my-favorite-book-an-astounding-look-at-how-fast-the-world-can-change--75644546
Special thanks to my friends at Readwise.io/morgan for making this happen. ]]>Buzzsprout-15972805Tue, 22 Oct 2024 22:00:00 +0000fertThis episode digs into one of my favorite books of all time: The Big Change by Frederick Lewis Allen. Written in 1952, it's a remarkable look at how quickly the world can change, with so many profound insights that I find relevant today.  Special...
Special thanks to my friends at Readwise.io/morgan for making this happen. ]]>2210falsefullhttps://www.spreaker.com/episode/this-was-never-easy-a-brief-history-of-nostalgia--75644619
This episode is brought to you by my friends at 10 East – an investment platform for sophisticated investors to access private markets. To learn more visit 10east.co.]]>Buzzsprout-15905278Thu, 10 Oct 2024 19:00:00 +0000fertThere's a Russian saying that I love: "The past is more unpredictable than the future." It explains so much about nostalgia, and the twisted ways we all view the economic past. This episode is brought to you by my friends at 10 East – an investment...
This episode is brought to you by my friends at 10 East – an investment platform for sophisticated investors to access private markets. To learn more visit 10east.co.]]>1360falsefullhttps://www.spreaker.com/episode/everything-in-life-is-cyclical--75644565
This episode is brought to you by my friends at 10 East – an investment platform for sophisticated investors to access private markets. To learn more visit 10east.co.]]>Buzzsprout-15870271Fri, 04 Oct 2024 18:00:00 +0000fertA lot of mistakes in life come when you think risk is something caused by external forces, when in fact the weight of your own success is enough to pull you down without any outside help. This episode is brought to you by my friends at 10 East – an...
This episode is brought to you by my friends at 10 East – an investment platform for sophisticated investors to access private markets. To learn more visit 10east.co.]]>818falsefullhttps://www.spreaker.com/episode/do-it-your-own-way--75644542
This episode is brought to you by my friends at 10 East – an investment platform for sophisticated investors to access private markets. To learn more visit 10east.co.]]>Buzzsprout-15829746Fri, 27 Sep 2024 20:00:00 +0000fertThe ultimate success metric is whether you get what you want out of life. But that’s harder than it sounds because it’s easy to try to copy someone who wants something you don’t. This episode is brought to you by my friends at 10 East – an investment...
This episode is brought to you by my friends at 10 East – an investment platform for sophisticated investors to access private markets. To learn more visit 10east.co.]]>846falsefullhttps://www.spreaker.com/episode/a-few-little-ideas-and-short-stories--75644582Buzzsprout-15743565Thu, 12 Sep 2024 19:00:00 +0000fertSome of the most interesting stuff I've come across lately. 890falsefullhttps://www.spreaker.com/episode/cumulative-vs-cyclical-knowledge--75644587Buzzsprout-15665461Thu, 29 Aug 2024 21:00:00 +0000fertIn some fields our knowledge is seamlessly passed down across generations. In others, it’s fleeting. To paraphrase investor Jim Grant: Knowledge in some fields is cumulative. In other fields it’s cyclical (at best).794falsefullhttps://www.spreaker.com/episode/different-kinds-of-bs--75644544Buzzsprout-15475892Thu, 25 Jul 2024 19:00:00 +0000fertJeff Bezos once said there are different kinds of smart. Distinguishing the various flavors is important because if you think smarts comes in just one form, you’ll miss dozens of other nuanced varieties.BS is the same. It comes in countless forms,...858falsefullhttps://www.spreaker.com/episode/i-have-a-few-questions--75644564Buzzsprout-15344203Mon, 01 Jul 2024 20:00:00 +0000fertA few important money and life topics to make you ponder. 866falsefullhttps://www.spreaker.com/episode/quiet-compounding--75644595Buzzsprout-15265878Mon, 17 Jun 2024 21:00:00 +0000fert"Nature is not in a hurry, yet everything is accomplished,” said Chinese philosopher Lao Tzu.Giant sequoias, advanced organisms, towering mountains – it builds the most jaw-dropping features of the universe. And it does so silently, where growth is...455falsefullhttps://www.spreaker.com/episode/history-s-seductive-beliefs--75644574Buzzsprout-15228671Tue, 11 Jun 2024 01:00:00 +0000fertMy deepest forecasting belief is that you can better understand the future if you focus on the behaviors that never change instead of the events that might.And those behaviors have a common denominator: They follow the path of least resistance of...1072falsefullhttps://www.spreaker.com/episode/lazy-work-good-work--75644569Buzzsprout-15132102Fri, 24 May 2024 20:00:00 +0000fertThe most productive work you can do often looks like the laziest -- but it can be hard to accept that because of how the workplace has changed over the last 100 years. 573falsefullhttps://www.spreaker.com/episode/the-long-run-is-just-a-collection-of-short-runs--75644572
Take the notion that investors should ignore the short run.It's important to recognize that the long run is just a collection of short runs, and capturing long-term growth means managing the short run effectively enough to ensure you can stick around for a long time.]]>Buzzsprout-15061569Mon, 13 May 2024 19:00:00 +0000fertEvery great idea can be taken too far.  Take the notion that investors should ignore the short run.It's important to recognize that the long run is just a collection of short runs, and capturing long-term growth means managing the short run...
Take the notion that investors should ignore the short run.It's important to recognize that the long run is just a collection of short runs, and capturing long-term growth means managing the short run effectively enough to ensure you can stick around for a long time.]]>540falsefullhttps://www.spreaker.com/episode/the-best-financial-advice-i-know-what-i-want-my-kids-to-learn--75644576
Here's what I wanted them to know about money. 

And even if you don't have, or want, kids, I think you'll find this helpful. ]]>Buzzsprout-15020325Mon, 06 May 2024 21:00:00 +0000fertI wrote letters to both of my kids the day before they were born.  Here's what I wanted them to know about money.  And even if you don't have, or want, kids, I think you'll find this helpful. 
Here's what I wanted them to know about money. 

And even if you don't have, or want, kids, I think you'll find this helpful. ]]>637falsefullhttps://www.spreaker.com/episode/realistic-personal-finance-hacks--75644600Buzzsprout-14956502Thu, 25 Apr 2024 18:00:00 +0000fertHacks are hard because shortcuts rarely exist. Prizes take time and effort.The personal finance industry – filled with advice that sounds and feels good without moving the needle – needs to recognize this.These aren’t fun hacks, but no one said this...604falsefullhttps://www.spreaker.com/episode/lucky-vs-repeatable--75644592
Maybe a better way to frame luck is by asking: what isn’t repeatable?

And maybe better yet: The way to get luckier is to find what’s repeatable.]]>Buzzsprout-14868161Thu, 11 Apr 2024 01:00:00 +0000fertLuck plays such a big role in the world. But few people want to talk about it. If I say you got lucky, I look jealous. If I tell myself that I got lucky, I feel diminished. Maybe a better way to frame luck is by asking: what isn’t repeatable? And...
Maybe a better way to frame luck is by asking: what isn’t repeatable?

And maybe better yet: The way to get luckier is to find what’s repeatable.]]>519falsefullhttps://www.spreaker.com/episode/no-one-is-crazy--75644577Buzzsprout-14835054Fri, 05 Apr 2024 17:00:00 +0000fertThe fun part of behavioral finance is learning about how flawed other people can be. The hard part is trying to figure out how flawed you are, and what stories make sense to you but would seem crazy to others.849falsefullhttps://www.spreaker.com/episode/smart-things-smart-people-have-said--75644579Buzzsprout-14787744Thu, 28 Mar 2024 18:00:00 +0000fertA few of the best and most insightful things I've read lately. 706falsefullhttps://www.spreaker.com/episode/accountable-to-darwin-vs-accountable-to-newton--75644618
I really don't care about politics. But he had a theory that I think is so important, and so applicable, to us ordinary people managing our money. ]]>Buzzsprout-14714355Mon, 18 Mar 2024 19:00:00 +0000fertWoodrow Wilson was the only president with a Ph.D. in political science.He came to office having thought more about how a government functions than most before him or since.One of his complaints was that too many people in government held the belief...
I really don't care about politics. But he had a theory that I think is so important, and so applicable, to us ordinary people managing our money. ]]>874falsefullhttps://www.spreaker.com/episode/the-dumber-side-of-smart-people--75644588
Take intelligence.

How could someone possibly be too intelligent? How do you get to a point where you realize you could have been more successful if you had been a little dumber?

Let me share three reasons why.

And if you're looking for another podcast to listen to, check out The Rundown by my friends at Public.com. It's a quick five-minute listen that gets you all caught up on the latest in the stock market, the economy, and in crypto. Hope you enjoy it. ]]>Buzzsprout-14654864Fri, 08 Mar 2024 20:00:00 +0000fertMae West said, “Too much of a good thing can be wonderful.” That might be true for some things – health, happiness, golden retrievers, maybe.But in so many cases the thing that helps you can be taken to a dangerous level. And since it’s a “good...
Take intelligence.

How could someone possibly be too intelligent? How do you get to a point where you realize you could have been more successful if you had been a little dumber?

Let me share three reasons why.

And if you're looking for another podcast to listen to, check out The Rundown by my friends at Public.com. It's a quick five-minute listen that gets you all caught up on the latest in the stock market, the economy, and in crypto. Hope you enjoy it. ]]>819falsefullhttps://www.spreaker.com/episode/how-to-engage-with-history--75644594
There’s a quote I love from writer Kelly Hayes who says, “Everything feels unprecedented when you haven’t engaged with history.”It’s so true. History’s cast of characters changes but it’s the same movie over and over again.To me, the point of paying attention to history is not the specific details of certain events, which are always random and never repeat; it’s the big-picture behaviors that reoccur in different eras, generations, and societies.]]>Buzzsprout-14596858Wed, 28 Feb 2024 22:00:00 +0000fertThis episode discusses my take on what you should pay attention to when reading history.  There’s a quote I love from writer Kelly Hayes who says, “Everything feels unprecedented when you haven’t engaged with history.”It’s so true. History’s cast of...
There’s a quote I love from writer Kelly Hayes who says, “Everything feels unprecedented when you haven’t engaged with history.”It’s so true. History’s cast of characters changes but it’s the same movie over and over again.To me, the point of paying attention to history is not the specific details of certain events, which are always random and never repeat; it’s the big-picture behaviors that reoccur in different eras, generations, and societies.]]>649falsefullhttps://www.spreaker.com/episode/compounding-optimism--75644559Buzzsprout-14504989Wed, 14 Feb 2024 20:00:00 +0000fertLet me share a little theory I have about optimism, and why progress is so easy to underestimate.I’ll explain it in four parts.723falsefullhttps://www.spreaker.com/episode/a-few-thoughts-on-spending-money--75644586
There is a science to spending money – how to find a bargain, how to make a budget, things like that.But there’s also an art to spending. A part that can’t be quantified and varies person to person.]]>Buzzsprout-14422932Thu, 01 Feb 2024 19:00:00 +0000fertBehavioral finance is now well documented. But most of the attention goes to how people invest. But the study of how you spend money might be far more interesting -- and practical. How you spend money can reveal an existential struggle of what you...
There is a science to spending money – how to find a bargain, how to make a budget, things like that.But there’s also an art to spending. A part that can’t be quantified and varies person to person.]]>766falsefullhttps://www.spreaker.com/episode/information-that-would-get-your-attention--75644578Buzzsprout-14329322Wed, 17 Jan 2024 20:00:00 +0000fertThere’s obviously a hierarchy of information. It ranges from life-changing good to life-changing disastrous.That got me thinking: What would be the most interesting and useful information anyone could get their hands on?Years ago I asked that question...754falsefullhttps://www.spreaker.com/episode/active-vs-passive-learning--75644607
Active learning: Someone tells you what to learn, how to learn it, on a set schedule, on pre-selected standardized topics.Passive learning: You let your mind wander with no intended destination. You read and learn broadly, talk to people from various backgrounds, and stumble haphazardly across topics you had never considered but spark your curiosity, often because it’s the topic you happen to need at that specific time of your life.I can’t be alone in realizing that most of what I’ve learned in life has come from passive learning.]]>Buzzsprout-14256665Fri, 05 Jan 2024 20:00:00 +0000fertThere are two big ways to learn:  Active learning: Someone tells you what to learn, how to learn it, on a set schedule, on pre-selected standardized topics.Passive learning: You let your mind wander with no intended destination. You read and learn...
Active learning: Someone tells you what to learn, how to learn it, on a set schedule, on pre-selected standardized topics.Passive learning: You let your mind wander with no intended destination. You read and learn broadly, talk to people from various backgrounds, and stumble haphazardly across topics you had never considered but spark your curiosity, often because it’s the topic you happen to need at that specific time of your life.I can’t be alone in realizing that most of what I’ve learned in life has come from passive learning.]]>699falsefullhttps://www.spreaker.com/episode/respect-each-others-delusions--75644567
This episode shares three reasons why all of us become deluded in our own way. ]]>Buzzsprout-14193804Fri, 22 Dec 2023 19:00:00 +0000fertOne sentence that knocked me off my feet when I read Will and Ariel Durant’s The Lessons of History was: "Learn enough from history to bear reality patiently, and respect one another’s delusions."I love that so much.The key here is accepting that...
This episode shares three reasons why all of us become deluded in our own way. ]]>528falsefullhttps://www.spreaker.com/episode/the-10-most-important-financial-skills--75644596
I flipped through it and thought, "Does any of this matter?" These formulas, these charts, this data?

Well, yes. 

But not nearly as much as the soft, behavioral side of investing. 

This episode shares 10 of what I think are the most critical financial skills -- none of which you'll find in a 100-year-old academic text. ]]>Buzzsprout-14130245Tue, 12 Dec 2023 01:00:00 +0000fertMy wife recently bought me an old book. It's called The Mathematical Theory of Investment. It was written in 1913 and it's as dry and boring as it sounds (but the old weathered cover looks awesome on a bookshelf).  I flipped through it and thought,...
I flipped through it and thought, "Does any of this matter?" These formulas, these charts, this data?

Well, yes. 

But not nearly as much as the soft, behavioral side of investing. 

This episode shares 10 of what I think are the most critical financial skills -- none of which you'll find in a 100-year-old academic text. ]]>932falsefullhttps://www.spreaker.com/episode/expiring-vs-permanent-skills--75644589compounds over decades usually is.This episode discusses a few permanent skills that apply to many fields.]]>Buzzsprout-13992150Fri, 17 Nov 2023 20:00:00 +0000fertExpiring skills tend to get more attention. They’re more likely to be the cool new thing, and a key driver of an industry’s short-term performance. They’re what employers value and employees flaunt.Permanent skills are different. They’ve been around a...compounds over decades usually is.This episode discusses a few permanent skills that apply to many fields.]]>915falsefullhttps://www.spreaker.com/episode/my-new-book-same-as-ever-a-guide-to-what-never-changes--75644575Buzzsprout-13903099Tue, 07 Nov 2023 08:00:00 +0000fertMy new book, Same as Ever: A Guide to What Never Changes, is out today. Books are hard, a multi-year slog from start to finish. But I’m excited for you to read this. I think it’s the best writing I’ve ever done. And it was fun to write! My hope is...908falsefullhttps://www.spreaker.com/episode/justifying-optimism--75644601
Every optimist needs to justify exactly why they're optimistic. In this episode, I offer my own three reasons. ]]>Buzzsprout-13876331Mon, 30 Oct 2023 21:00:00 +0000fertAll optimistic beliefs can be dangerous because they’re so comforting, so easy to accept without asking further questions. Hope often masquerades as optimism when you think things will improve only because the alternative is too scary to contemplate. ...
Every optimist needs to justify exactly why they're optimistic. In this episode, I offer my own three reasons. ]]>760falsefullhttps://www.spreaker.com/episode/little-flaws--75644609
It's like that in so many areas of life. 

Most people know what they're good at, or at least they think they do. Flaws, though, tend to be nuanced, and we're often blind to them. 

This episode shares dozens of little flaws I often think about -- ones that are easy to ignore, but can compound into disasters over time. ]]>Buzzsprout-13818035Sat, 21 Oct 2023 02:00:00 +0000fertDaniel Kahneman says, "The long-term success of a relationship depends far more on avoiding the negative than on seeking the positive." It's like that in so many areas of life.  Most people know what they're good at, or at least they think they do....
It's like that in so many areas of life. 

Most people know what they're good at, or at least they think they do. Flaws, though, tend to be nuanced, and we're often blind to them. 

This episode shares dozens of little flaws I often think about -- ones that are easy to ignore, but can compound into disasters over time. ]]>633falsefullhttps://www.spreaker.com/episode/a-few-laws-of-getting-rich--75644612Buzzsprout-13767885Thu, 12 Oct 2023 19:00:00 +0000fertMeasuring wealth is easy. You just count it up. Measuring some of the downsides of wealth is so much harder and more nuanced. They can be so nuanced and hard to measure that many people won’t even believe they exist. A downside to wealth? How could...1109falsefullhttps://www.spreaker.com/episode/death-taxes-and-a-few-other-things--75644597
It's about things that never change -- what's always happened in the world, and will keep repeating again and again?

This episode shares five examples. ]]>Buzzsprout-13731114Fri, 06 Oct 2023 21:00:00 +0000fertMy new book, Same As Ever, comes out in a month.  It's about things that never change -- what's always happened in the world, and will keep repeating again and again? This episode shares five examples. 
It's about things that never change -- what's always happened in the world, and will keep repeating again and again?

This episode shares five examples. ]]>1090falsefullhttps://www.spreaker.com/episode/respect-and-admiration--75644603
"You might think you want an expensive car, a fancy watch, and a huge house. But I’m telling you, you don’t. What you want is respect and admiration from other people, and you think having expensive stuff will bring it. It almost never does – especially from the people you want to respect and admire you."Eight years later I still believe this to be true, and I might even double down.]]>Buzzsprout-13674816Wed, 27 Sep 2023 20:00:00 +0000fertJust after my son was born I wrote a few things I thought he’d find helpful as an adult. One of them was: "You might think you want an expensive car, a fancy watch, and a huge house. But I’m telling you, you don’t. What you want is respect and...
"You might think you want an expensive car, a fancy watch, and a huge house. But I’m telling you, you don’t. What you want is respect and admiration from other people, and you think having expensive stuff will bring it. It almost never does – especially from the people you want to respect and admire you."Eight years later I still believe this to be true, and I might even double down.]]>692falsefullhttps://www.spreaker.com/episode/trying-too-hard--75644583
There are mistakes that only an expert can make. Errors – often catastrophic – that novices aren’t smart enough to make because they lack the information and experience needed to try to exploit an opportunity that doesn’t exist.]]>Buzzsprout-13614487Mon, 18 Sep 2023 21:00:00 +0000fertA truth that applies to almost every field is that it’s possible to try too hard, and when doing so you can get worse results than those who knew less, cared less, and put in less effort than you did. There are mistakes that only an expert can make....
There are mistakes that only an expert can make. Errors – often catastrophic – that novices aren’t smart enough to make because they lack the information and experience needed to try to exploit an opportunity that doesn’t exist.]]>822falsefullhttps://www.spreaker.com/episode/intelligence-vs-smarts--75644591
The core here is realizing that people are not spreadsheets. They are emotional, hormonal, misinformed, status-seeking, insecure creatures trying their best to make it through the day. So if you have to choose between understanding how the world should work in theory vs. how it actually works in practice, lean towards the latter. It’s like historian Will Durant once said: “Logic is an invention of man and may be ignored by the universe.” That is so smart. ]]>Buzzsprout-13452750Tue, 22 Aug 2023 20:00:00 +0000fertThis episode is about the difference between intelligence and smarts, and why one is valued more than the other despite being less useful in the world. The core here is realizing that people are not spreadsheets. They are emotional, hormonal,...
The core here is realizing that people are not spreadsheets. They are emotional, hormonal, misinformed, status-seeking, insecure creatures trying their best to make it through the day. So if you have to choose between understanding how the world should work in theory vs. how it actually works in practice, lean towards the latter. It’s like historian Will Durant once said: “Logic is an invention of man and may be ignored by the universe.” That is so smart. ]]>889falsefullhttps://www.spreaker.com/episode/fluke-a-story-about-how-fragile-the-world-can-be--75644585Buzzsprout-13384902Thu, 10 Aug 2023 19:00:00 +0000fertThis is a short personal story about a fluke event 16 years ago that changed everything in my life. You probably have a similar story, and there is so much to learn about how everything can change from an event you never saw coming.684falsefullhttps://www.spreaker.com/episode/a-few-ideas-that-changed-my-life--75644614
Let me share a couple that had a big impact on me. ]]>Buzzsprout-13350752Fri, 04 Aug 2023 19:00:00 +0000fertYou spend years trying to learn tons of new stuff, but then look back and realize that just a few big ideas truly changed how you think and influenced most of what you believe. Let me share a couple that had a big impact on me. 
Let me share a couple that had a big impact on me. ]]>916falsefullhttps://www.spreaker.com/episode/the-spectrum-of-wealth--75644605
There is no objective level of wealth -- everything is just relative to something, or someone, else. That means a billionaire can feel poorer than someone with infinitely less money.

This episode tries to create a spectrum of wealth based on the quality of your life, feelings, and social circles, versus measuring it on money alone. ]]>Buzzsprout-13134804Thu, 29 Jun 2023 20:00:00 +0000fertChris Rock joked that Bill Gates would jump out the window if he woke up with Oprah’s money. Like most comedy, it’s funny because it contains a nugget of truth. There is no objective level of wealth -- everything is just relative to something, or...
There is no objective level of wealth -- everything is just relative to something, or someone, else. That means a billionaire can feel poorer than someone with infinitely less money.

This episode tries to create a spectrum of wealth based on the quality of your life, feelings, and social circles, versus measuring it on money alone. ]]>727falsefullhttps://www.spreaker.com/episode/low-expectations--75644608
This episode is all about expectations, and how the key to happiness in so many things in life is to aim low. ]]>Buzzsprout-13040607Wed, 14 Jun 2023 18:00:00 +0000fertThe knee-jerk way to set expectations is to anchor to what everyone else has right now. But imagine the tragedy of there being unbelievable progress throughout your life and you enjoy none of it because you expected all of it.   This episode is all...
This episode is all about expectations, and how the key to happiness in so many things in life is to aim low. ]]>920falsefullhttps://www.spreaker.com/episode/a-few-short-stories--75644602
This episode shares 15 short stories that have stuck with me, and helped me contextualize so many things in life, work, and investing.

One other note: I have a new book coming out this November. It's called Same as Ever, and you can pre-order it here:  http://amzn.to/41CHgKM]]>Buzzsprout-12983712Mon, 05 Jun 2023 20:00:00 +0000fertSometimes the best you can do when learning about any topic is to memorize a few short stories -- quick, direct, and to the point, that you're likely to remember forever. This episode shares 15 short stories that have stuck with me, and helped me...
This episode shares 15 short stories that have stuck with me, and helped me contextualize so many things in life, work, and investing.

One other note: I have a new book coming out this November. It's called Same as Ever, and you can pre-order it here:  http://amzn.to/41CHgKM]]>1079truefullhttps://www.spreaker.com/episode/the-power-of-staying-put--75644611
It's true in careers. 

It's true in relationships. 

It's true in sports. 

And it's true with money. 

This episode is about compounding -- and how staying put, uninterrupted, is often the most overlooked skill. ]]>Buzzsprout-12905549Tue, 23 May 2023 20:00:00 +0000fertThere are so many times in life where what you do is less important than how long you've been doing it for.  It's true in careers.  It's true in relationships.  It's true in sports.  And it's true with money.  This episode is about compounding --...
It's true in careers. 

It's true in relationships. 

It's true in sports. 

And it's true with money. 

This episode is about compounding -- and how staying put, uninterrupted, is often the most overlooked skill. ]]>876falsefullhttps://www.spreaker.com/episode/a-few-things-i-m-pretty-sure-about--75644615
This podcast is a smattering of ideas that have been important and impactful to me, shared in as few words as I can manage. ]]>Buzzsprout-12809096Mon, 08 May 2023 19:00:00 +0000fertIf you can explain something important in just a few words, it's a double win: You've probably found something that's obviously true, without needing further explanation or detail. And it's probably something you'll remember for a long time, easy to...
This podcast is a smattering of ideas that have been important and impactful to me, shared in as few words as I can manage. ]]>1042falsefullhttps://www.spreaker.com/episode/little-ways-the-world-works--75644610
That's the riddle I want to unpack. 

I want to share a bunch of examples of what one field can teach us about another. 

What can we learn from biology that teaches us something about money?

What can we learn from physics that teaches us something about business? 

If you find something that is true in more than one field, you’ve probably uncovered something particularly important. The more fields it shows up in, the more likely it is to be a fundamental and recurring driver of how the world works.]]>Buzzsprout-12731382Wed, 26 Apr 2023 21:00:00 +0000fertThis episode has little to do with money. But in some ways it has everything to do with money.  That's the riddle I want to unpack.  I want to share a bunch of examples of what one field can teach us about another.  What can we learn from biology...
That's the riddle I want to unpack. 

I want to share a bunch of examples of what one field can teach us about another. 

What can we learn from biology that teaches us something about money?

What can we learn from physics that teaches us something about business? 

If you find something that is true in more than one field, you’ve probably uncovered something particularly important. The more fields it shows up in, the more likely it is to be a fundamental and recurring driver of how the world works.]]>1163falsefullhttps://www.spreaker.com/episode/your-money-and-your-family--75644613
Your spouse.

Your kids. 

How do you avoid spoiling kids? 

How do you and your spouse learn to agree about the best way to spend? 

There are no easy answers -- but I try my best here, including sharing the letters I wrote to my kids when they were born. ]]>Buzzsprout-12692977Thu, 20 Apr 2023 23:00:00 +0000fertOne of the most complicated topics in money: How it impacts your family. Your spouse. Your kids.  How do you avoid spoiling kids?  How do you and your spouse learn to agree about the best way to spend?  There are no easy answers -- but I try my...
Your spouse.

Your kids. 

How do you avoid spoiling kids? 

How do you and your spouse learn to agree about the best way to spend? 

There are no easy answers -- but I try my best here, including sharing the letters I wrote to my kids when they were born. ]]>1221falsefullhttps://www.spreaker.com/episode/the-highest-form-of-wealth--75644593Buzzsprout-12645907Thu, 13 Apr 2023 20:00:00 +0000fertThe highest form of wealth is the ability to wake up every morning and say, “I can do whatever I want today.”People want to become wealthier to make them happier. Happiness is a complicated subject because everyone’s different.  But if there’s a...1427falsefullhttps://www.spreaker.com/episode/getting-rich-vs-staying-rich--75644604
But you need both to do well over time. 

This episode tells a 100-year-old story of two investors, neither of whom knew each other, but whose fates converged during the same week in the 1920s. 

It shows why a barbell personality of optimistic on one hand, and paranoid on the other, is vital to success. ]]>Buzzsprout-12504006Thu, 23 Mar 2023 21:00:00 +0000fertGetting rich and staying rich are two different skills. They are often conflicting skills, so many people focus on one or the other.  But you need both to do well over time.  This episode tells a 100-year-old story of two investors, neither of whom...
But you need both to do well over time. 

This episode tells a 100-year-old story of two investors, neither of whom knew each other, but whose fates converged during the same week in the 1920s. 

It shows why a barbell personality of optimistic on one hand, and paranoid on the other, is vital to success. ]]>1455falsefullhttps://www.spreaker.com/episode/rules-of-the-money-game--75644598
I could have narrowed this down to 10, but I had fun with this thought experiment, so here are my top 30 rules of the money game. ]]>Buzzsprout-12442683Wed, 15 Mar 2023 00:00:00 +0000fertThere are only a handful of financial rules, ideas, and observations that really move the needle -- and explain the majority of what you need to know to do better with your money.  I could have narrowed this down to 10, but I had fun with this...
I could have narrowed this down to 10, but I had fun with this thought experiment, so here are my top 30 rules of the money game. ]]>2919falsefullhttps://www.spreaker.com/episode/the-art-of-spending-money--75644606
There is a science to spending money – how to find a bargain, how to make a budget, things like that.But there’s also an art to spending. A part that can’t be quantified and varies person to person.In my book I called money “the greatest show on earth” because of its ability to reveal things about people’s character and values. How people invest their money tends to be hidden from view. But how they spend is far more visible, so what it shows about who you are can be even more insightful.Everyone’s different, which is part of what makes this topic fascinating. There are no black-and-white rules.But here are a few things I’ve noticed about the art of spending money.]]>Buzzsprout-12361150Thu, 02 Mar 2023 15:00:00 +0000fertThe first episode -- who knows where this will go? There is a science to spending money – how to find a bargain, how to make a budget, things like that.But there’s also an art to spending. A part that can’t be quantified and varies person to...
There is a science to spending money – how to find a bargain, how to make a budget, things like that.But there’s also an art to spending. A part that can’t be quantified and varies person to person.In my book I called money “the greatest show on earth” because of its ability to reveal things about people’s character and values. How people invest their money tends to be hidden from view. But how they spend is far more visible, so what it shows about who you are can be even more insightful.Everyone’s different, which is part of what makes this topic fascinating. There are no black-and-white rules.But here are a few things I’ve noticed about the art of spending money.]]>2004falsefull