Exploring the Intersection of Psychology and Finance

This chapter delves into the influential aspects of a key book on human psychology and finance, emphasizing its clarity and practicality. The speakers advocate for a deeper understanding of psychological elements in financial decisions while encouraging listeners to seek further education on investing.

Play episode from 01:14:03

chevron_right

Transcript

chevron_right

Transcript

Episode notes

In today’s episode, Trey Lockerbie sits down with Morgan Housel, who is a partner at Venture Capital and PE firm Collaborative Fund. He’s a former columnist at The Motley Fool and Wall Street Journal, and also the author of the international best-selling book, The Psychology of Money.

IN THIS EPISODE, YOU'LL LEARN:

How time is the biggest factor in Warren Buffett’s success
How Ben Graham wouldn’t read his own book today
How success is a lousy teacher
How Risk and Luck go hand in hand
And how to win in investing requires playing a different game than everyone else

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Morgan Housel’s Blog.
The Psychology of Money Book.
What Happened in 1971?.

NEW TO THE SHOW?

Check out our We Study Billionaires Starter Packs.
Browse through all our episodes (complete with transcripts) here.
Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
Enjoy exclusive perks from our favorite Apps and Services.
Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

HardBlock
Human Rights Foundation
Plus500
Netsuite
Shopify
Vanta

HELP US OUT!

Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app

Home Top podcasts Popular guests Top books