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Morgan Housel

๐Ÿ‘ค Speaker
3750 total appearances

Appearances Over Time

Podcast Appearances

My First Million
10 Years of Money Wisdom in 51 Minutes | Morgan Housel

And like, they kind of, they're all about behavioral finance ish.

My First Million
10 Years of Money Wisdom in 51 Minutes | Morgan Housel

but there's no other cohesive theme.

My First Million
10 Years of Money Wisdom in 51 Minutes | Morgan Housel

That is so antithetical to what a publisher wants.

My First Million
10 Years of Money Wisdom in 51 Minutes | Morgan Housel

A publisher wants one big idea weaving its way throughout the entire book.

My First Million
10 Years of Money Wisdom in 51 Minutes | Morgan Housel

And I'm like, no, I don't have that, sorry.

My First Million
10 Years of Money Wisdom in 51 Minutes | Morgan Housel

And so it wasn't just that they didn't believe me in a writer.

My First Million
10 Years of Money Wisdom in 51 Minutes | Morgan Housel

The whole structure of the book was the opposite of what they were looking for.

My First Million
10 Years of Money Wisdom in 51 Minutes | Morgan Housel

But I think you need that in order to stick out.

My First Million
10 Years of Money Wisdom in 51 Minutes | Morgan Housel

And like, how could it be any other way that in order to have a non-normal result, you have to have a non-normal idea.

My First Million
10 Years of Money Wisdom in 51 Minutes | Morgan Housel

It's true for entrepreneurs.

My First Million
10 Years of Money Wisdom in 51 Minutes | Morgan Housel

It's true for any endeavor that you take that you have to be an oddball in order to stick out.

My First Million
10 Years of Money Wisdom in 51 Minutes | Morgan Housel

No, it's tough.

My First Million
10 Years of Money Wisdom in 51 Minutes | Morgan Housel

And I think I've always wanted to write things about problems I have in my own life.

My First Million
10 Years of Money Wisdom in 51 Minutes | Morgan Housel

So a lot of this was just kind of looking in the mirror and being like, what is my desire for more money?

My First Million
10 Years of Money Wisdom in 51 Minutes | Morgan Housel

Am I using it as a tool to make my life better and my wife and kids' lives better?

My First Million
10 Years of Money Wisdom in 51 Minutes | Morgan Housel

Or is it just like, it's just a measuring stick of how well am I doing in life and where do I sit on the social hierarchy?

My First Million
10 Years of Money Wisdom in 51 Minutes | Morgan Housel

And if I was honest with myself, it was a lot of the latter.

My First Million
10 Years of Money Wisdom in 51 Minutes | Morgan Housel

And I think we've done a pretty good job spending money on the things that we like and whatnot.

My First Million
10 Years of Money Wisdom in 51 Minutes | Morgan Housel

But a lot of the desire was just like, what's a scorecard look like?

My First Million
10 Years of Money Wisdom in 51 Minutes | Morgan Housel

And maybe that's not bad because I enjoy that game.