Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Tom Bilyeu

๐Ÿ‘ค Speaker
9026 total appearances

Appearances Over Time

Podcast Appearances

Tom Bilyeu's Impact Theory
Housing Crisis and Toxic Inequality: Why the American Dream Is Stalled for Millennials | Morgan Housel On Impact Theory w/ Tom Bilyeu

And yet we still find ourselves trapped there

Tom Bilyeu's Impact Theory
Housing Crisis and Toxic Inequality: Why the American Dream Is Stalled for Millennials | Morgan Housel On Impact Theory w/ Tom Bilyeu

It drives me mad.

Tom Bilyeu's Impact Theory
Housing Crisis and Toxic Inequality: Why the American Dream Is Stalled for Millennials | Morgan Housel On Impact Theory w/ Tom Bilyeu

It drives me mad.

Tom Bilyeu's Impact Theory
Housing Crisis and Toxic Inequality: Why the American Dream Is Stalled for Millennials | Morgan Housel On Impact Theory w/ Tom Bilyeu

Yeah.

Tom Bilyeu's Impact Theory
Housing Crisis and Toxic Inequality: Why the American Dream Is Stalled for Millennials | Morgan Housel On Impact Theory w/ Tom Bilyeu

I think if you look back at that time and you see altruistic behavior, you're not being clear-eyed about what actually happened.

Tom Bilyeu's Impact Theory
Housing Crisis and Toxic Inequality: Why the American Dream Is Stalled for Millennials | Morgan Housel On Impact Theory w/ Tom Bilyeu

What I think actually happened was you saw an economic opportunity that somebody was like, oh my God, I can go capitalize on that, which is exactly what we should want.

Tom Bilyeu's Impact Theory
Housing Crisis and Toxic Inequality: Why the American Dream Is Stalled for Millennials | Morgan Housel On Impact Theory w/ Tom Bilyeu

The only thing you can trust any human to do is be selfish.

Tom Bilyeu's Impact Theory
Housing Crisis and Toxic Inequality: Why the American Dream Is Stalled for Millennials | Morgan Housel On Impact Theory w/ Tom Bilyeu

Mother Teresa would not help people if it made her vomit and feel badly about herself.

Tom Bilyeu's Impact Theory
Housing Crisis and Toxic Inequality: Why the American Dream Is Stalled for Millennials | Morgan Housel On Impact Theory w/ Tom Bilyeu

She did it because it felt awesome.

Tom Bilyeu's Impact Theory
Housing Crisis and Toxic Inequality: Why the American Dream Is Stalled for Millennials | Morgan Housel On Impact Theory w/ Tom Bilyeu

It was good for the soul.

Tom Bilyeu's Impact Theory
Housing Crisis and Toxic Inequality: Why the American Dream Is Stalled for Millennials | Morgan Housel On Impact Theory w/ Tom Bilyeu

And it made her feel uplifted and all the hard work felt worth it.

Tom Bilyeu's Impact Theory
Housing Crisis and Toxic Inequality: Why the American Dream Is Stalled for Millennials | Morgan Housel On Impact Theory w/ Tom Bilyeu

Awesome.

Tom Bilyeu's Impact Theory
Housing Crisis and Toxic Inequality: Why the American Dream Is Stalled for Millennials | Morgan Housel On Impact Theory w/ Tom Bilyeu

Yeah, that's right.

Tom Bilyeu's Impact Theory
Housing Crisis and Toxic Inequality: Why the American Dream Is Stalled for Millennials | Morgan Housel On Impact Theory w/ Tom Bilyeu

Entrepreneurship is a certain personality trait.

Tom Bilyeu's Impact Theory
Housing Crisis and Toxic Inequality: Why the American Dream Is Stalled for Millennials | Morgan Housel On Impact Theory w/ Tom Bilyeu

And when it is unleashed, it will create new things.

Tom Bilyeu's Impact Theory
Housing Crisis and Toxic Inequality: Why the American Dream Is Stalled for Millennials | Morgan Housel On Impact Theory w/ Tom Bilyeu

It will push progress forward.

Tom Bilyeu's Impact Theory
Housing Crisis and Toxic Inequality: Why the American Dream Is Stalled for Millennials | Morgan Housel On Impact Theory w/ Tom Bilyeu

And then if you don't have certain regulations, it will go absolutely pathological and it will consume everything for the dollar.

Tom Bilyeu's Impact Theory
Housing Crisis and Toxic Inequality: Why the American Dream Is Stalled for Millennials | Morgan Housel On Impact Theory w/ Tom Bilyeu

Yeah.

Tom Bilyeu's Impact Theory
Housing Crisis and Toxic Inequality: Why the American Dream Is Stalled for Millennials | Morgan Housel On Impact Theory w/ Tom Bilyeu

So you want to put these bumpers in the alley to keep it from going pathological because humans absolutely will do that.

Tom Bilyeu's Impact Theory
Housing Crisis and Toxic Inequality: Why the American Dream Is Stalled for Millennials | Morgan Housel On Impact Theory w/ Tom Bilyeu

But if you don't open up the regulations enough to go, I want these selfish people that want to like figure out how to get rich doing this thing.