Originally published on November 8, 2023
Everybody wants to get rich. But is the pursuit of wealth really about the money, or are we actually chasing something much deeper?
These are just a couple of the fun ideas I toss around in this episode with Morgan Housel, New York Times Bestselling author of the smash hit, The Psychology of Money, which has sold more than four million copies worldwide.
We’ll dig deep to uncover our relationship with money, answer the timeless question “Will getting rich make me happy?” and share some of Morgan’s best investing tips.
So put away your spreadsheets, step away from the credit card, and for god’s sake stop trading crypto for five seconds, and settle in for this one. We might just make you filthy rich.
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"Morgan Housel is a partner at The Collaborative Fund.
He's the author of The Psychology of Money, which has sold over four million copies, and The New York Times Bestseller Same As Ever: A Guide to What Never Changes
He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, and winner of the New York Times Sidney Award. In 2022, MarketWatch named him one of the 50 most influential people in markets. He serves on the board of directors at Markel."
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00:00 Introduction
01:34 Why we attach so much moral value to wealth
09:10 Does earning or losing a lot of money change a person?
18:21 How social media has changed our understanding of investing
25:04 How the success of Morgan’s book changed his life
31:56 Does having more money make you happier?
36:40 How money changed Morgan's politics
37:17 What to teach your children about money
44:52 The beginning of Mark's and Morgan’s writing career
49:30 “Same as Ever”
55:39 The best and worst thing about you
58:48 Fuck, Marry, Kill
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