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Morgan Housel

๐Ÿ‘ค Speaker
3750 total appearances

Appearances Over Time

Podcast Appearances

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

The psychology of it is not necessarily what you think.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

What my wife values, and of course, this is not unique to me, is that I'm a good husband.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

I pay attention.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

I listen.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

I'm helpful.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

I'm grateful.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

Not how big is our house or how fast is our car.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

I think it is a very insightful window into people.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

Now, is money everything in the world?

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

Of course not.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

Is it the most important thing in your life?

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

Absolutely not.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

But it is a very clear window into how people think about social aspiration.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

self-confidence, doubt, a lot of other things.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

I could list half a dozen things that are obviously more important than money.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

Health, humor, your relationships with people, obviously more important.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

But when you look at how someone spends money, you're like, oh, I can tell a lot about you.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

If I saw your bank account and your credit card statement, I could learn a lot about you.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

I could probably learn as much about you from that as I would if I spent a couple of days just getting to know you.

The Knowledge Project
Morgan Housel: Wealth is What You Have Minus What You Want

And so I think that's true.