Team Favorite At the Money: How Much Money Is Too Much?

Masters in Business

Bloomberg

Business, Investing

4.4 • 2.2K Ratings

🗓️ 16 April 2025

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

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.'

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0	Get informed no matter where you are or what you're doing.
0:03.8	Subscribe to Bloomberg News now and get news when you want it on your schedule.
0:08.3	Big tech dominating our headlines.
0:09.9	Another win for Donald Trump.
0:11.1	A key inflation report.
0:13.0	These are short audio reports, five minutes or less, that bring you the latest headlines with context 24 hours a day.
0:20.4	Stay on top of the latest news from around the world.
0:23.3	Get it on your smartphone. Subscribe to Bloomberg News Now on Apple Podcasts, Spotify, or anywhere
0:28.8	else you listen.
0:32.6	Bloomberg Audio Studios. Podcasts Radio News.
0:38.0	Because I'm happy. Club alone if you feel my... Audio Studios, Podcasts, Radio News. Money doesn't automatically lead to happiness.
0:47.7	Our relationship with money is complicated.
0:51.4	Speak to someone at the bottom of the economic ladder,
0:56.0	and they will tell you in no uncertain terms that a lack of money can lead to misery. But speak to enough millionaires and
1:02.4	billionaires, and it's pretty clear that money doesn't automatically lead to happiness.
1:08.8	As it turns out, money buys you a little bit of happiness, but only up to a
1:14.4	point. And on today's edition of At the Money, we're going to discuss how and why money can buy
1:20.7	you happiness. To help us unpack all of this and what it means for your financial health,
1:26.5	let's bring in Brian Portnoy. He is the author of
1:29.8	the geometry of wealth. How to shape a life of money and meaning. Okay, we'll start with an easy
1:36.2	enough question. Does money buy happiness? Let me give you a very simple, clear answer. Yes,
1:43.3	no, maybe, sort of, not really, kind of. Okay, I get that. So
	...

Transcript will be available on the free plan in 13 days. Upgrade to see the full transcript now.

Previous episode | Next episode

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

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