4.4 • 823 Ratings
🗓️ 10 August 2021
⏱️ 28 minutes
🧾️ Download transcript
In this episode from the vault, Morgan Housel joined us to talk about how to keep your emotions from sinking your wealth. We also discussed recent (lol, 2015!) allegations about Amazon’s toxic workplace culture.
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0:00.0 | We're still on break, but that doesn't mean you get a break from learning how to be awesome with your money. |
0:04.4 | We're heading back to 2015 when Morgan Housel, then Fool Writer, now New York Times bestselling author, |
0:10.5 | joined us to talk about behavioral finances and biases that could be sabotaging your money. |
0:15.4 | Everyone to the time machine. |
0:26.5 | This is Motley Fool Answers. I'm Allison Southwick and I am joined today by Robert Brougham, |
0:29.5 | personal finance expert here at the Motley Fool. Hi, bro. How are you doing? |
0:30.7 | Great, Allison. How are you? |
0:36.0 | I'm good. We have a great show today because today we are going to talk about why you should care about a company's corporate culture when you invest. |
0:38.8 | Morgan Housel is going to join us to talk about five biases that are making you bad with money. |
0:45.2 | And Bro's also going to answer your questions about how to break up with your mutual fund. |
0:49.5 | All that and more on this week's episode of Motley Fool Answers. |
0:54.2 | So the New York Times took Amazon to the woodshed over their corporate culture recently. |
1:02.0 | In an article that we've been used to seeing articles that tell you how awful it is to work in an Amazon warehouse, |
1:09.6 | fulfilling orders and |
1:10.9 | getting books and putting them in boxes. But this recent article talked about how being in |
1:15.8 | corporate in Amazon is actually soul-crushing and brutal. All that was in the New York Times. |
1:21.7 | For example, working all hours, crying at your desk. Don't even think about having kids. |
1:29.8 | It was competitive to a fault. Lord of the Flies was also a throw- No food. No free food. They even talked about that. |
1:35.6 | It was like, come on, I thought you were a tech company. So I assume everyone at the Fool read |
1:41.6 | this article because not only do we care about Amazon as investors, we also care about corporate culture. |
1:46.6 | What did you think about the article? |
1:48.4 | Okay. |
... |
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