Morgan Housel
π€ SpeakerAppearances Over Time
Podcast Appearances
And I loved it to begin with.
I was fascinated with money.
And then I haphazardly got a job as a writer because I graduated in 2008.
The economy was a wreck and nobody was hiring.
No banks were hiring.
And so the only finance job that I could find was as a writer for The Motley Fool.
Didn't want to be a writer, hated writing, was embarrassed that I had dreams to be a powerful investment banker.
Now I was a journalist.
I was like, I hated that.
But I actually like pretty quickly fell in love with it.
And what I loved about it was I loved being an outsider who was not being influenced by the incentives of that career.
And so if you are a hedge fund manager, you have a lot of incentives and biases based around that.
If you are a financial advisor, there's a lot of just you have to think a certain way to fit into that profession.
And I felt like as a writer, and I'm not a journalist, as a writer, I could just be on the outside looking in.
I felt like I was just up in the bleachers looking down and be like, let me try to figure out what's going on down there.
Yes.
And then tell a story behind it.
And to me, money, I think I got lucky because money, I think, has more fascinating social stories in it than almost any other field where how you spend money and how you save money and your ambitions are such a window into who you are.
And of course, there's a lot of other things in life that are more important than money, family and purpose and whatnot.
But money is a very clear window into who you are.