The vast vast majority of his net worth came in his elderly years.

And the takeaway from that for me is that, well look, if Buffett had retired at age 60,

like a normal person might, no one in this room would have ever heard of him.

All of his success came in his 70s, 80s, and early 90s.

And that's really important because we spend all this time talking about how he values

companies.

But the whole secret to his success is not that he's good at picking companies, it's not

even that he's a good investor, it's that he's been a good investor for 80 years.

I'm Chris Hill and that's Morgan Howsle, author of the International Best Selling Book,

The Psychology of Money.

When I interviewed Howsle in front of a live audience, we talked about investing through

bear markets, the power of incentives, and what he's working on for his next book.

But I kicked off the conversation by asking about what he's encountered since writing

The Psychology of Money.

I know that the number of copies that your book sold is surprising to you.

So let's just put that aside.

In terms of reaction to the book, whether it's from financial media, institutions, people

you've met, what has surprised you the most in terms of the reaction?

One thing I think is interesting is a big theme of the book is that everyone's different

and has different goals and different risk tolerances and different aspirations, different

incomes, family situations.

And because of that, no two people, even if you are the same age, same education, same

...