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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

tends to be the case.

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

So I didn't, if I look back at my decision to become a writer, my decision to move to DC, from DC, to have kids, I mean, we were talking about this the other day.

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

We have two kids.

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

My wife and I didn't sit down and have a deep discussion about, do we want kids?

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

How many do we want?

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

What are our parenting philosophies?

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

After we got married, we were like, I don't know, I guess we should do it.

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

That was just it.

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

But the truth is there was a gut feeling there and the gut feeling was actually pretty accurate.

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

So I think people trusting their gut more often than seems right.

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

Like you don't need to have an analytical conversation on a spreadsheet to figure something out.

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

They're going to have lasting consequences and be much less choosy and picky and analytical about decisions that are reversible and whatnot.

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

Jeff Bezos talks about that a lot.

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

There's some times where you make a decision in a business and you're like, look, if this doesn't work, we can just go back to what we were doing before.

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

It's not that big.

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

It might cost a little bit of money, but we can go back.

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

And there's some decisions about like this is a roach motel.

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

Like we walk in, we ain't walking out of this.

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

We got to make sure it's the right place to go in.

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

I think there's a lot of decisions like that in life.