Understanding Your Investing Behavior, with Tom Gardner and Morgan Housel
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 29 January 2022
⏱️ 35 minutes
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Summary
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| 0:00.0 | And most things in life have a short payback period. |
| 0:04.2 | Like I always use the example of if you go to the gym |
| 0:06.3 | and do have a heavy workout, you'll be sore tomorrow. |
| 0:08.7 | There is a quick indication that you did something beneficial. |
| 0:12.6 | In the stock market, it just, |
| 0:13.7 | sometimes it doesn't work like that. |
| 0:15.4 | You can be making great investing decisions |
| 0:17.5 | that you will look back on as the best decisions you ever made |
| 0:20.4 | and you might not get any feedback from the market. |
| 0:23.4 | That was a good decision for years. |
| 0:25.4 | I'm Chris Hill and that was Morgan Howzel, author of the International Best |
| 0:33.3 | Cellar, The Psychology of Money. |
| 0:35.7 | On this episode, Morgan joins Motley Fool's CEO Tom Gardner |
| 0:39.0 | to discuss investing behavior and why it's the most fundamental piece |
| 0:42.9 | of your long term financial success. |
| 0:45.9 | It discusses a range of topics including how to think about your cash position |
| 0:50.2 | and whether you should change your investment approach |
| 0:52.6 | if you had zero returns for five years. |
| 0:55.2 | Welcome to Motley Fool Money and the fourth and final class |
| 1:02.4 | in our four-class series on how to invest successfully the Motley Fool way. |
| 1:06.8 | Now we close up with Morgan Howzel, the author of The Psychology of Money |
| 1:11.9 | with a conversation about mindset and Morgan maybe just a sentence |
... |
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