Morgan Housel

I had the research... Because they know guys, by and large, don't like that.

But if you tell your girlfriend to do it, you've just demoted her and promoted yourself.

Yeah.

I'm willing to bet, too.

I don't have this data.

I'm willing to bet if you were to sort through the most reckless Robin Hood accounts of people who just blew themselves up, you know, they had a six-figure account balance and bet it all on this thing and lost everything.

I'm willing to bet good money 98% of them would be men.

Of course.

That's just the mindset of it.

But I also think to that...

On the getting rich versus staying rich spectrum, I think it tends to be the case that men are better at getting rich because they are willing to take unbelievable risks.

And women are better at staying rich because they have a more developed prefrontal cortex who can better size up the risk.

You need both.

Yeah, I think that's the case.

There's a lot of things like, I forget where I read this recently or heard this recently, that young men in particular really need guardrails.

Scott Galloway is who wrote this.

Young men really need guardrails, by and large, from women who can put the guardrails around them.

Left to their own devices, they're going to make terrible decisions.

Very bad, yeah.

I'm sure I've been, my wife and I have been together for 20 years, and I'm sure a lot of my financial philosophies in my own house