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Morgan Housel | How To Become Wealthy, Stay Wealthy & Be Happy | Modern Wisdom Podcast 222

Morgan Housel is a writer and investor. It doesn't matter if you earn £10m a year, if you spend £11m then you're not creating any wealth. How can people who are so rich be so stupid with money? Cue Morgan, the no-BS finance guy.

Chris WilliamsonhostMorgan Houselguest
Sep 21, 20201h 12mWatch on YouTube

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Episode Details

EPISODE INFO

Released
September 21, 2020
Duration
1h 12m
Channel
Modern Wisdom
Watch on YouTube
▶ Open ↗

EPISODE DESCRIPTION

Morgan Housel is a writer and investor. It doesn't matter if you earn £10m a year, if you spend £11m then you're not creating any wealth. How can people who are so rich be so stupid with money? Cue Morgan, the no-BS finance guy. Expect to learn Morgan's golden rule of becoming wealthy, why luck & risk are the same thing, why buying a Ferrari is often a terrible idea, what the stock market was thinking in 2020, whether we'll have a mud wrestling match and much more... Sponsor: Get 20% discount on Reebok’s entire range including the amazing Nano X at https://www.reebok.co.uk (use code MW20) Extra Stuff: Buy The Psychology Of Money - https://amzn.to/2xAHWXD Follow Morgan on Twitter - https://twitter.com/morganhousel Get my free Ultimate Life Hacks List to 10x your daily productivity → https://chriswillx.com/lifehacks/ To support me on Patreon (thank you): https://www.patreon.com/modernwisdom #morganhousel #wealth #chriswilliamson - Listen to all episodes online. Search "Modern Wisdom" on any Podcast App or click here: iTunes: https://apple.co/2MNqIgw Spotify: https://spoti.fi/2LSimPn Stitcher: https://www.stitcher.com/podcast/modern-wisdom - Get in touch in the comments below or head to... Instagram: https://www.instagram.com/chriswillx Twitter: https://www.twitter.com/chriswillx Email: modernwisdompodcast@gmail.com

SPEAKERS

  • Chris Williamson

    host
  • Morgan Housel

    guest
  • Narrator

    other

EPISODE SUMMARY

In this episode of Modern Wisdom, featuring Chris Williamson and Morgan Housel, Morgan Housel | How To Become Wealthy, Stay Wealthy & Be Happy | Modern Wisdom Podcast 222 explores Morgan Housel Reveals Simple, Behavioral Rules For Sustainable Lifetime Wealth Morgan Housel argues that successful personal finance is driven far more by behavior and psychology than by technical knowledge or credentials. He emphasizes two core rules—live below your means and be patient—as making up “90% of finance,” and frames money primarily as a tool for freedom and control over your time, not for buying status symbols.

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