Mastering money has little to do with math. Instead, behavior is the most important side of investing, says today’s guest Morgan Housel, author of one of the highest-selling financial book The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness. We discuss many of his insights including the underestimated power of luck and risk, how the only way to stay wealthy is being both frugal and paranoid, and the fallacy of ‘earned success’ and ‘deserved failure.’
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1479: Ask Farnoosh: I'm 22 and Lost. How to Get on the "Right" Path Towards Building Wealth?
1478: The Best Ways to Teach Teens About Money with Dan Sheeks
1477: Launching a Business During Covid, With Cancer: Willa's Organic Oat Milk
1476: Ask Farnoosh: Should I Quit My Job? Should I Buy a Car with Cash or Loan?
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