At the Money: How Much Money Is Too Much?

Masters in Business

Bloomberg

Business, Entrepreneurship, Investing

4.4 • 2.2K Ratings

🗓️ 22 November 2023

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

Can money buy you happiness? How much money is too much? Does wealth offer diminishing returns? In this edition of At the Money, Barry Ritholtz is joined by Brian Portnoy to explore these questions. Portnoy has held senior investment roles throughout the hedge fund and mutual fund industries. He is also the author of the bestselling books, 'The Geometry of Wealth' and 'The Investors Paradox.'

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Transcript

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0:00.0	The media alone can't ease the tensions that come from the debate surrounding the issues we deal with every day.
0:05.7	However, we can create spaces where people can freely kick the tires of their preconceived notions.
0:11.2	I'm Tim O'Brien, and I'm the senior executive editor at
0:13.8	Bloomberg Opinion. On our platform we ask tough questions and solve complex
0:18.1	problems with the facts in mind. Because context changes how you see things and
0:22.4	how you change things.
0:23.6	Context changes everything.
0:25.6	Start exploring our opinion coverage and more at Bloomberg.com.
0:28.8	subscribe.
0:30.1	I'm Barry Ritolts and I'm excited to tell you about my new podcast at the money
0:35.0	each week I'm going to spend about 10 minutes or so
0:38.0	diving deep into a specific topic that affects you and your money, acquiring it, spending it, and most of all investing
0:47.4	it.
0:48.4	Strap in for at the money starting right now. Because I'm happy.
0:54.0	I'm alone if you feel like a room without room.
0:58.0	Money doesn't automatically lead to happiness.
1:02.0	Our relationship with money is complicated. Speak to someone at
1:06.6	the bottom of the economic ladder and they will tell you in no uncertain terms that
1:11.6	a lack of money can lead to misery but speak to enough
1:15.6	millionaires and billionaires and it's pretty clear that money doesn't automatically
1:21.3	lead to happiness.
1:23.0	As it turns out, money buys you a little bit of happiness, but only up to a point.
	...

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