Morgan Housel on Wealth, Greed, and Happiness

Motley Fool Answers

The Motley Fool

Taxes, Saving, Money, Investing, Planning, Retirement, Personalfinance, Finance, Education, Business

4.4 • 823 Ratings

🗓️ 16 February 2021

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Morgan is back to discuss the most important lessons from his book, “The Psychology of Money” – and how they’ve informed the way he manages his family’s finances.

Transcript

Click on a timestamp to play from that location

0:00.0	This is Motley Full Answers. I'm Alison Southwick and I'm joined as always by Robert Brokamp,
0:08.2	personal finance expert here at the Motley Fool. Hey, bro. How you doing?
0:12.1	Just fine. And how are you, Allison?
0:14.2	I'm doing great. In this week's episode, Morgan Housel is back and he's going to talk about his book,
0:19.2	The Psychology of Money.
0:24.4	All that and more on this week's episode of Follyful Answers.
0:28.2	Well, Allison, what is up?
0:33.4	Well, bro, I feel like you're the ham to my cheese.
0:34.8	We compliment each other.
0:39.0	You bring the practical money advice.
0:43.1	Like, here are 14 different studies about required minimum distributions.
0:44.6	That's Bro's department.
0:46.4	Which everyone loves, by the way.
0:47.7	They just love it.
0:48.3	Right.
0:54.0	Well, you are the Bachelors of science to my BA, more liberal arts degree.
0:57.1	So you're saying I'm the one with the BS. Is that what you're saying?
1:02.6	Well, you know, I didn't say it right out loud. But yes, if you want to sit in an overstuffed armchair, gaze out a window and say, you know what's fascinating about the art on currency
1:07.8	in Australia? That's my department. If you want practical tips and facts,
1:12.4	go down the hall to Professor Brough's office. Because where I am, we just talk about like,
1:17.0	isn't that funny? So here we are. For today's what's up, Allison, I present the backstory to
1:24.0	three songs about money. Is this practical advice you can use to rebalance your portfolio?
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.