Morgan Housel: How Smart Entrepreneurs and Investors Grow Wealth on Autopilot | Finance | E336
episode
Young and Profiting (YAP) with Hala Taha: Entrepreneurship and Self-Improvement Podcast
1h 15m
3 speakers
8 chapters
transcribed
Transcript
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Transcript generated automatically by AI and may contain errors.
Why Do Most Financial Resolutions Fail?
New Year's resolutions don't tend to hold up because if you need to do something new on January 1st that you were unwilling to do on December 31st, you're almost certainly not going to stick with it. Most people have too much of their money in stocks and they should have less. And the reason why is
Today, we are going to pick Morgan's brain on a number of interesting topics related to psychology, money, investing, and how you can avoid some of the biggest mental blunders when it comes to your financial decisions. Morgan, welcome back to Young and Profiting Podcast.
How Can We Balance Saving and Spending Habits?
How can we actually plan out what we want to spend our money on this year?
If you can earn average returns for an above average period of time, you will be among the top investors in the world. Most people are overconfident in what they can do. You have to have this split personality of, I'm so good at what I do, and I'm a complete idiot who has no idea what I'm doing. Bullshit is easier to create than it is to refute. So meme coins are an example of this.
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Chapters
8 chapters
1
Why Do Most Financial Resolutions Fail?
1:41–1:56
2
How Can We Balance Saving and Spending Habits?
1:56–3:22
3
What Is the Power of Long-Term Investing?
3:22–7:15
4
How Should Entrepreneurs Approach Startup Risks?
7:15–8:26
5
What Sets Successful Entrepreneurs Apart?
8:26–12:15
6
Why Is Doubt Important for Entrepreneurs?
12:15–28:11
7
How Does Nostalgia Mislead Our Financial Decisions?
28:11–36:00
8
What Are the Common Financial Mistakes We Repeat?
36:00–1:15:10
Speakers
2 identifiedMore from Young and Profiting (YAP) with Hala Taha: Entrepreneurship and Self-Improvement Podcast
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