Morgan Housel
๐ค SpeakerAppearances Over Time
Podcast Appearances
The psychology of it is not necessarily what you think.
What my wife values, and of course, this is not unique to me, is that I'm a good husband.
I pay attention.
I listen.
I'm helpful.
I'm grateful.
Not how big is our house or how fast is our car.
I think it is a very insightful window into people.
Now, is money everything in the world?
Of course not.
Is it the most important thing in your life?
Absolutely not.
But it is a very clear window into how people think about social aspiration.
self-confidence, doubt, a lot of other things.
I could list half a dozen things that are obviously more important than money.
Health, humor, your relationships with people, obviously more important.
But when you look at how someone spends money, you're like, oh, I can tell a lot about you.
If I saw your bank account and your credit card statement, I could learn a lot about you.
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.
And so I think that's true.