Podcasts about distinguished business

Talking points: culture, economics, mindset, debt, Ed HardyTo maybe understate things, it's a jungle out there right now, financially speaking. I've really enjoyed Morgan's books and perspective, so in early April, I asked him to come on. He shared TONS of insight on tariffs, what's next, how the average person can change their financial straights for the better, even Fartcoin. Listen in.(00:00:00) - What in the world is going on(00:09:35) - If it's about bringing manufacturing back, then will jobs go to workers—or to automation?(00:16:37) - On tariff misconceptions and myths, and the difference between personal debt and government debt(00:25:27) - How does the average person weather the storm?(00:29:49) - How building wealth is behavioral, not intellectual, and the anti-capitalist mindset(00:38:19) - What to do when you're struggling to get your finances under control(00:44:00) - Discovering why you actually want more money, and raising kids with good financial sense(00:59:04) - How do you learn what “enough” is, and the psychology of bitcoinMorgan Housel is a partner at The Collaborative Fund. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. He lives in Seattle with his wife and two kids.Connect with Morgan-Coming in October: The Art of Spending Money: https://www.penguinrandomhouse.com/books/741239/the-art-of-spending-money-by-morgan-housel/-Instagram: https://www.instagram.com/morganhousel/-Podcast: https://lnk.to/vDltf2

Grab a signed copy of Same as Ever and The Psychology of Money from The Painted Porch!Morgan Housel is a partner at The Collaborative Fund. His book The Psychology of Money: Timeless lessons on wealth, greed, and happiness is a deep dive into the psychology of money and investing, especially how personal history shapes one's view of economic risk, the implications of not understanding the future, being rich vs. being wealthy, how we measure success, the problem with social comparison, and much more. It has sold over 1.9 million copies and has been translated into 46 languages. Morgan is a two-time winner of the Best in Business Award from the Society of American Business Editors, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. He serves on the board of Markel and has presented at more than 100 conferences all over the globe.Website: morganhousel.com Twitter: @morganhousel  

In The Psychology of Money, award-winning author Morgan Housel shares 19 short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life's most important topics.

Money is often a messy and complicated topic that provokes a lot of anxiety. Today's show is the first episode of a two-part series on managing our relationship to money and understanding what role money really plays when it comes to our happiness. Morgan Housel is the author of The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness. Translated into over 50 languages with over two million copies sold, Housel is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. In this conversation we talk about: The difference between happiness and contentmentThe difference between being rich and being wealthyThe elusive but crucial concept of “enough”The importance of not moving the goalposts when it comes to enough-nessWhy financial success is more about behavior than intelligenceHow our lived experiences impact our perspectives on money Full Shownotes: https://www.tenpercent.com/podcast-episode/morgan-housel-543See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Our guest this week is Morgan Housel. Morgan was one of our first guests on The Long View back in May 2019, and we're happy to welcome him back. Morgan is a partner at The Collaborative Fund, a venture capital firm. He is also a successful author—his first book, The Psychology of Money, having sold more than 2 million copies and been translated to 49 languages. In addition to his book, Morgan frequently publishes content to The Collaborative Fund's blog and is active on social media at @MorganHousel. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of The New York Times Sydney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. He also serves on the board of directors at Markel.BackgroundBioThe Psychology of Money, by Morgan HouselCollab BlogStorytelling and Advice“What's the Curse of Knowledge, and How Can You Break It?” by Loren Soelro, Ph.D., psychologytoday.com, April 28, 2021.Cancer: The Emperor of All Maladies, Ken Burns Presents a Film by Barak GoodmanRobert A. Weinberg“Best Story Wins,” by Morgan Housel, collabfund.com, Feb. 11, 2021.“Never Saw It Coming,” by Morgan Housel, collabfund.com, April 25, 2022.“Deep Roots,” by Morgan Housel, collabfund.com, March 31, 2022.Contradictions and EnoughThe Economist“Little Rules About Big Things,” by Morgan Housel, collabfund.com, Oct. 11, 2022.“Expectations (Five Short Stories),” by Morgan Housel, collabfund.com, Oct. 6, 2022.“Good Enough,” by Morgan Housel, collabfund.com, Sept. 7, 2022.“Surprise, Shock, and Uncertainty,” by Morgan Housel, collabfund.com, March 3, 2022.Randomness, Chance, and Happiness“Tails, You Win,” by Morgan Housel, collabfund.com, July 26, 2022.The Intelligent Investor: The Classic Text on Value Investing, by Benjamin Graham“Wealth vs. Getting Wealthier,” by Morgan Housel, collabfund.com, June 28, 2022.“Low Expectations,” by Morgan Housel, collabfund.com, March 9, 2022.Behavioral and HistoryThe Great Depression: A Diary, by Benjamin Roth“We'll Get Through This,” by Morgan Housel, collabfunds.com, March 9, 2020.Daniel KahnemanJason Zweig“The Big Lessons of the Last Year,” by Morgan Housel, collabfunds.com, April 2, 2021.

The Daily Stoic Ryan talks to Morgan Housel about the real definition of wealth, the intricacies of building an audience as an author, the sacrifice required to gain success, and more.Morgan Housel is a partner at The Collaborative Fund. His book The Psychology of Money: Timeless lessons on wealth, greed, and happiness is a deep dive into the psychology of money and investing. Morgan is a two-time winner of the Best in Business Award from the Society of American Business Editors, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. He serves on the board of Markel and has presented at more than 100 conferences all over the globe.✉️ Want Stoic wisdom delivered to your inbox daily? Sign up for the FREE Daily Stoic email at https://dailystoic.com/dailyemail

Ryan talks to Morgan Housel about the real definition of wealth, the intricacies of building an audience as an author, the sacrifice required to gain success, and more.Morgan Housel is a partner at The Collaborative Fund. His book The Psychology of Money: Timeless lessons on wealth, greed, and happiness is a deep dive into the psychology of money and investing. Morgan is a two-time winner of the Best in Business Award from the Society of American Business Editors, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. He serves on the board of Markel and has presented at more than 100 conferences all over the globe.✉️ Want Stoic wisdom delivered to your inbox daily? Sign up for the FREE Daily Stoic email at https://dailystoic.com/dailyemail

Only the first 50 minutes of this episode are available on the paywalled podcast version (the BLACK podcast logo). If you’d like to hear the full 2 hours and 7 minutes of this episode and gain access to all full-length episodes of the podcast, you’ll need to SUBSCRIBE here. If you’re already subscribed and on the private RSS feed, the podcast logo should appear RED. Sam Harris speaks with Morgan Housel about the psychology of money and investing. They discuss how personal history shapes one’s view of economic risk, the implications of not understanding the future, being rich vs being wealthy, how we measure success, the problem of social comparison, happiness vs life satisfaction, saving and investing, Warren Buffett and the power of compounding, rational vs reasonable decisions, the role of luck, optimism vs pessimism, dollar-cost averaging, and other topics. Morgan Housel is a partner at The Collaborative Fund. His book The Psychology of Money has sold over 1.9 million copies and has been translated into 46 languages. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. He serves on the board of directors at Markel and has presented at more than 100 conferences in a dozen countries. Website: morganhousel.com Twitter: @morganhousel Learning how to train your mind is the single greatest investment you can make in life. That’s why Sam Harris created the Waking Up app. From rational mindfulness practice to lessons on some of life’s most important topics, join Sam as he demystifies the practice of meditation and explores the theory behind it. If the Making Sense podcast logo in your player is BLACK, you can SUBSCRIBE to gain access to all full-length episodes at samharris.org/subscribe.

Stand Up is a daily podcast. I book,host,edit, post and promote new episodes with brilliant guests every day. Please subscribe now for as little as 5$ and gain access to a community of over 800 awesome, curious, kind, funny, brilliant, generous souls Check out StandUpwithPete.com to learn more NEWS FROM Tuesday April 5 2022  34 minutes Steven Greenhouse is a senior fellow at The Century Foundation, where he writes about wages and working conditions, labor organizing, and other workplace issues. Before coming to The Century Foundation, he was a reporter for the New York Times for thirty-one years, spending his last nineteen years there as its labor and workplace reporter, before retiring from the paper in December 2014. He is the author of Beaten Down, Worked Up: The Past, Present, and Future of American Labor, published by Alfred A. Knopf in 2019. As the New York Times' labor and workplace reporter from 1995 to 2014, he covered myriad topics, including conditions for the nation's farm workers, the Fight for $15, Walmart's locking in workers at night, the New York City transit strike, factory disasters in Bangladesh, and Scott Walker's push to cripple public employee unions. Greenhouse joined the New York Times in September 1983 as a business reporter, covering steel and other basic industries. He then spent two-and-a-half years as the newspaper's Midwestern business correspondent based in Chicago. In 1987, he moved to Paris, where he served as the New York Times' European economics correspondent, covering everything from Western Europe's economy to the collapse of Communism in Eastern Europe. After five years in Paris, he served as a New York Times correspondent in Washington for four years, covering economics and the Federal Reserve and then the U.S. Department of State and foreign affairs. Greenhouse's most recent book, Beaten Down, Worked Up, looks at key historic episodes that built the nation's labor unions and shows how unions and worker power helped build the world's largest, richest middle class as well as a fairer, more democratic America. The book explains how the decline of worker power in recent decades has hurt workers and the nation, fueling income inequality and weakening the voice of workers in politics and policymaking.  The book also examines the future of the labor movement, looking at new forms of worker power, such as the Fight for $15, the #RedforEd teachers' strikes, and some innovative efforts to lift Uber drivers and other gig workers. A native of Massapequa, New York, Greenhouse is a graduate of Wesleyan University (1973), the Columbia University Graduate School of Journalism (1975), and NYU Law School, from which he graduated as class valedictorian in 1982. His first book, The Big Squeeze: Tough Times for the American Worker, was published in April 2008 by Knopf. It won the 2009 Sidney Hillman Book Prize for a non-fiction book that advances social justice. Greenhouse has also been honored with the Society of Professional Journalists Deadline Club award, a New York Press Club award, and a Gerald Loeb Award for Distinguished Business and Financial Reporting. He continues to freelance for, among others, the New York Times, the Washington Post, the Los Angeles Times, the New Yorker, the Guardian, the Atlantic, the American Prospect, the Columbia Journalism Review, AARP Magazine, and Nieman Reports.   1:05 Dr. Omékongo Dibinga is the UPstander. His life's mission is to inspire all across the globe to take a stand when they witness an injustice, no matter how small or large. He is a motivational speaker, trilingual poet, TV talk show host, rapper, and professor of cross-cultural communication at American University. His Urban Music Award winning work has best been described by Nikki Giovanni as “outstanding, exciting, and new while being very old.” His book, From the Limbs of My Poetree was described by Essence Magazine as “a remarkable and insightful collection of exquisite poetry that touches sacred places within your spirit.” He was one of 5 international recipients out of 750,000 to win the first ever “CNN iReport Spirit Award.” He has received over 1,000,000 views on CNN.com. Omékongo's writings and performances have appeared in O Magazine, as well as on TV and radio from CNN, BET, and the BBC to NPR, Music Choice, and Voice of America in millions of homes in over 150 countries. He has also written songs for major motion pictures as well as organizations such as NASA and the Enough! Project. He has spoken before the United Nations, partners with the State Department to conduct youth leadership trainings overseas, and speaks to leadership and youth student conferences across the country. Omékongo's music and writings have appeared alongside artists such as Sheryl Crow, Angelina Jolie, Norah Jones, Damien Rice, Angelique Kidjo, Don Cheadle, and Mos Def. He has shared the stage with Wyclef Jean, OutKast, Sonia Sanchez, Dennis Brutus, Emmanuelle Chriqui, The Last Poets, and NFL great Aaron Rodgers. Internationally, he has shared his work in over 20 countries on 3 continents. Omékongo has studied at Harvard, MIT, Princeton, Georgetown, Morehouse, and The Fletcher School, where he earned his M.A. in Law & Diplomacy. He earned his Ph.D. in International Education Policy at The University of Maryland (UMD) where his dissertation centered on the global hip-hop phenomenon and Jay-Z. At UMD, he also worked with the Southern Poverty Law Center's “Teaching Diverse Students Initiative.” He worked for four years as the lead Teaching Assistant to Dr. Michael Eric Dyson at Georgetown University. He provides leadership, educational and diversity empowerment as a consultant and motivational speaker for organizations, associations and institutions. He has featured/lectured nationwide in venues from TEDx and Harvard to Russell Simmons' Hip-Hop Summit and the Nuyorican Poets Café. His rap mixtape series “Bootleg” promotes positive hip-hop with remixes of songs by Tupac, Notorious BIG, Jay Z, Nas, 50 Cent, and others. His 1,000,000 Youth Campaign has directly impacted over100,000 youth across the globe to date. He has also partnered with Intel on its campaign to make their computer processors free of minerals that come from the war in the Congo. Omékongo has published and produced 7 books, 7-fusion music and motivational CDs, and one independent DVD. His motivational book G.R.O.W. Towards Your Greatness! 10 Steps to Living Your Best Life has received praise from great motivational speakers such as Willie Jolley. His most recent book “The UPstander's Guide to an Outstanding Life” is a life balance book for students. For more information, please visit www.upstanderinternational.com. All things Jon Carroll  Follow and Support Pete Coe Pete on YouTube Pete on Twitter Pete On Instagram Pete Personal FB page Stand Up with Pete FB page

Podcast: The Tim Ferriss Show (LS 81 · TOP 0.01% what is this?)Episode: #576: Morgan Housel — The Psychology of Money, Picking the Right Game, and the $6 Million JanitorPub date: 2022-03-02Brought to you by Athletic Greens all-in-one nutritional supplement, Allform premium, modular furniture, and Tonal smart home gym. Morgan Housel (@morganhousel) is a partner at the Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal. He serves on the board of directors at Markel Corporation. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism.His book The Psychology of Money has sold more than one million copies and has been translated into more than 30 languages.Please enjoy!This episode is brought to you by Allform! If you've been listening to the podcast for a while, you've probably heard me talk about Helix Sleep mattresses, which I've been using since 2017. They also launched a company called Allform that makes premium, customizable sofas and chairs shipped right to your door—at a fraction of the cost of traditional stores. You can pick your fabric (and they're all spill, stain, and scratch resistant), the sofa color, the color of the legs, and the sofa size and shape to make sure it's perfect for you and your home.Allform arrives in just 3–7 days, and you can assemble it yourself in a few minutes—no tools needed. To find your perfect sofa and receive 20% off all orders, check out Allform.com/Tim.*This episode is also brought to you by Athletic Greens. I get asked all the time, “If you could use only one supplement, what would it be?” My answer is usually AG1 by Athletic Greens, my all-in-one nutritional insurance. I recommended it in The 4-Hour Body in 2010 and did not get paid to do so. I do my best with nutrient-dense meals, of course, but AG further covers my bases with vitamins, minerals, and whole-food-sourced micronutrients that support gut health and the immune system. Right now, Athletic Greens is offering you their Vitamin D Liquid Formula free with your first subscription purchase—a vital nutrient for a strong immune system and strong bones. Visit AthleticGreens.com/Tim to claim this special offer today and receive the free Vitamin D Liquid Formula (and five free travel packs) with your first subscription purchase! That's up to a one-year supply of Vitamin D as added value when you try their delicious and comprehensive all-in-one daily greens product.*This episode is also brought to you by Tonal! Tonal is the world's most intelligent home gym and personal trainer. It is precision engineered and designed to be the most advanced strength studio on the market today. Tonal uses breakthrough technology—like adaptive digital weights and AI learning—together with the best experts in resistance training so you get stronger, faster. Every program is personalized to your body using AI, and smart features check your form in real time, just like a personal trainer.Try Tonal, the world's smartest home gym, for 30 days in your home, and if you don't love it, you can return it for a full refund. Visit Tonal.com for $100 off their smart accessories when you use promo code TIM100 at checkout.*Warren Buffett vs. Jim Simons. [06:43]What do people get wrong about the partnership between Warren Buffett and Charlie Munger? [13:45]The size is the strategy. [16:59]Six years after writing his “Financial Advice for My New Son” article for The Motley Fool, are there any points Morgan would add or amend? [20:27]While there's no way of knowing what kind of adults our kids will grow up to be, how might we instill in them the value of money and the ability to control how it affects their lives? [23:43]What unorthodox career decision did Morgan's father make in his 30s, and how did the family's life change as a result? How did earlier lessons of frugality give Morgan's parents more options later on than their more steadily affluent peers? [28:28]How Morgan's career path meandered from Denny's greeter to investment banker to reluctant writer. [34:18]After finally hitting his stride as a writer at The Motley Fool, what compelled Morgan to join the Collaborative Fund team? [42:15]What's a Markel and how did Morgan get involved with it? What was it hoped he could bring to the table there? [49:07]How does Morgan approach risk? [56:32]What “fin tweet” game is Morgan playing, and what are the rules? Who are the top players in this space, and what makes them worth your attention no matter the medium? [58:59]Investors Morgan respects — even if he wouldn't try to emulate them. [1:03:33]Don't beat yourself up too badly if you've ever been gamed by the market. Even Warren Buffett still makes mistakes. But would his younger version have made the same decisions he makes today? What made the early days of the pandemic such an uncertain time for even the most seasoned investors — Buffett and Housel alike? [1:09:37]Sometimes it's the counterintuitive bets that elevate an investor into deity or demigodhood in the pantheon of the money-minded — whether it's Benjamin Graham, Walt Disney, or Michael Moritz. [1:19:11]Notes on leverage and the “buy, borrow, die” approach to investing, and making sense of conflicting, diametrically opposed advice from seemingly intelligent, rational parties with differing opinions. [1:28:37]Sometimes peace of mind matters more than profit. [1:33:44]Is it better to be an antediluvian penny pincher who dies rich, or a high-roller who casts fistfuls of dollars into the sea only to pass away penniless? Maybe the middle ground is healthier than either extreme. [1:36:01]How does Morgan recommend someone of means ensure their children don't grow up to be horrible, entitled, and generally useless to society? [1:40:13]Biographies and memoirs Morgan recommends (and what they can teach us about current events). [1:48:19]How can you increase the likelihood that you will not respond in moments of panic by doing what cripples you financially? Morgan weighs in. [1:52:26]In Morgan's experience, how does someone who comes into money effectively allow themselves to enjoy it without succumbing to the all-too-common temptation to sink it all under a mountan of status symbols nobody really cares about? For his own part, what does his financial comfort allow him to enjoy, and how does he scratch the itch when he's pestered by such temptations? [1:57:27]Preparing for financially bumpy long hauls, and “understanding the difference between a fee and a fine.” [2:07:15]A handful of journalists and writers Morgan would choose as trusted informants in a world without Twitter or in-depth news sources. [2:10:37]Morgan's hall of fame for books about investing and finance, and how Dan Gardner's book The Science of Fear has made him think about fear. [2:17:02]Morgan's advice for helping someone (like me) regain a regular cadence of writing if COVID or other life interruptions have derailed such efforts, and a glimpse into what his own writing process looks like. [2:19:18]Tolerance for petty annoyance as a valuable life skill. [2:25:48]How did training as a competitive ski racer prepare Morgan for USC and, eventually, a world-class writer for The Motley Fool? [2:30:53]What does Morgan think is true, but is actually just good marketing? [2:39:17]What looks unsustainable, but is actually a new trend we haven't accepted yet? [2:40:57]What has been true for decades that will stop working, but will drag along stubborn adherence because it has such a long track record of success? [2:43:50]Which of our current views would change if our incentives were different? [2:45:46]What are we ignoring today that will seem shockingly obvious in a year? [2:48:11]Money is not spreadsheets. It's dopamine and cortisol. [2:49:06]Thoughts on near-future innovations both frightening and fascinating. [2:50:10]Websites Morgan thinks are worth your while. [2:55:23]Stories or points in The Psychology of Money Morgan wishes people paid more attention to. [2:57:39]Parting thoughts. [2:59:02]*For show notes and past guests, please visit tim.blog/podcast.For deals from sponsors of The Tim Ferriss Show, please visit tim.blog/podcast-sponsors.Sign up for Tim's email newsletter (5-Bullet Friday) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Discover Tim's books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissFacebook: facebook.com/timferriss YouTube: youtube.com/timferrissPast guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Margaret Atwood, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, Balaji Srinivasan, Sarah Silverman, Dr. Andrew Huberman, Dr. Michio Kaku, and many more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.The podcast and artwork embedded on this page are from Tim Ferriss: Bestselling Author, Human Guinea Pig, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.

Podcast: The Tim Ferriss Show (LS 82 · TOP 0.01% what is this?)Episode: #576: Morgan Housel — The Psychology of Money, Picking the Right Game, and the $6 Million JanitorPub date: 2022-03-02Morgan Housel — The Psychology of Money, Picking the Right Game, and the $6 Million Janitor | Brought to you by Allform premium, modular furniture; Athletic Greens all-in-one nutritional supplement; and Tonal smart home gym. More on all three below.Morgan Housel (@morganhousel) is a partner at the Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal. He serves on the board of directors at Markel Corporation. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism.His book The Psychology of Money has sold more than one million copies and has been translated into more than 30 languages.Please enjoy!This episode is brought to you by Allform! If you've been listening to the podcast for a while, you've probably heard me talk about Helix Sleep mattresses, which I've been using since 2017. They also launched a company called Allform that makes premium, customizable sofas and chairs shipped right to your door—at a fraction of the cost of traditional stores. You can pick your fabric (and they're all spill, stain, and scratch resistant), the sofa color, the color of the legs, and the sofa size and shape to make sure it's perfect for you and your home.Allform arrives in just 3–7 days, and you can assemble it yourself in a few minutes—no tools needed. To find your perfect sofa and receive 20% off all orders, check out Allform.com/Tim.*This episode is also brought to you by Athletic Greens. I get asked all the time, “If you could use only one supplement, what would it be?” My answer is usually AG1 by Athletic Greens, my all-in-one nutritional insurance. I recommended it in The 4-Hour Body in 2010 and did not get paid to do so. I do my best with nutrient-dense meals, of course, but AG further covers my bases with vitamins, minerals, and whole-food-sourced micronutrients that support gut health and the immune system. Right now, Athletic Greens is offering you their Vitamin D Liquid Formula free with your first subscription purchase—a vital nutrient for a strong immune system and strong bones. Visit AthleticGreens.com/Tim to claim this special offer today and receive the free Vitamin D Liquid Formula (and five free travel packs) with your first subscription purchase! That's up to a one-year supply of Vitamin D as added value when you try their delicious and comprehensive all-in-one daily greens product.*This episode is also brought to you by Tonal! Tonal is the world's most intelligent home gym and personal trainer. It is precision engineered and designed to be the most advanced strength studio on the market today. Tonal uses breakthrough technology—like adaptive digital weights and AI learning—together with the best experts in resistance training so you get stronger, faster. Every program is personalized to your body using AI, and smart features check your form in real time, just like a personal trainer.Try Tonal, the world's smartest home gym, for 30 days in your home, and if you don't love it, you can return it for a full refund. Visit Tonal.com for $100 off their smart accessories when you use promo code TIM100 at checkout.*For show notes and past guests, please visit tim.blog/podcast.For deals from sponsors of The Tim Ferriss Show, please visit tim.blog/podcast-sponsors.Sign up for Tim's email newsletter (5-Bullet Friday) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Discover Tim's books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissFacebook: facebook.com/timferriss YouTube: youtube.com/timferrissPast guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Margaret Atwood, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, Balaji Srinivasan, Sarah Silverman, Dr. Andrew Huberman, Dr. Michio Kaku, and many more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.The podcast and artwork embedded on this page are from Tim Ferriss: Bestselling Author, Human Guinea Pig, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.

Award-winning journalist Steven Greenhouse was a reporter for the New York Times from 1983 to 2014—19 of those years covering labor and the workplace.Mr. Greenhouse has been honored with the Society of Professional Journalists Deadline Club award, a New York Press Club award, a Gerald Loeb Award for Distinguished Business and Financial Reporting, and the Hillman Prize for Book Journalism for his book The Big Squeeze: Tough Times for the American Worker.His latest book Beaten Down, Worked Up: The Past, Present and Future of American Labor is a wonderful read for any labor relations practitioner, or someone entering the field of labor relations—either on the employer side or the union side.In this episode of Labor Relations Radio, Mr. Greenhouse shares his perspective on a number of issues affecting unions in the past and present.You can follow Steven Greenhouse on Twitter at: @greenhousenyt

Award-winning journalist Steven Greenhouse was a reporter for the New York Times from 1983 to 2014—19 of those years covering labor and the workplace.He has been honored with the Society of Professional Journalists Deadline Club award, a New York Press Club award, a Gerald Loeb Award for Distinguished Business and Financial Reporting, and the Hillman Prize for Book Journalism for his book The Big Squeeze: Tough Times for the American Worker.His latest book Beaten Down, Worked Up: The Past, Present and Future of American Labor is a wonderful read for any labor relations practitioner, or someone entering the field of labor relations—either on the employer side or the union side.In this episode of Labor Relations Radio, Mr. Greenhouse shares his perspective on a number of issues affecting unions in the past and present.You can follow Steven Greenhouse on Twitter at: @greenhousenyt Get full access to LaborUnionNews.com's News Digest at laborunionnews.substack.com/subscribe

Morgan Housel — The Psychology of Money, Picking the Right Game, and the $6 Million Janitor | Brought to you by Allform premium, modular furniture; Athletic Greens all-in-one nutritional supplement; and Tonal smart home gym. More on all three below.Morgan Housel (@morganhousel) is a partner at the Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal. He serves on the board of directors at Markel Corporation. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism.His book The Psychology of Money has sold more than one million copies and has been translated into more than 30 languages.Please enjoy!This episode is brought to you by Allform! If you've been listening to the podcast for a while, you've probably heard me talk about Helix Sleep mattresses, which I've been using since 2017. They also launched a company called Allform that makes premium, customizable sofas and chairs shipped right to your door—at a fraction of the cost of traditional stores. You can pick your fabric (and they're all spill, stain, and scratch resistant), the sofa color, the color of the legs, and the sofa size and shape to make sure it's perfect for you and your home.Allform arrives in just 3–7 days, and you can assemble it yourself in a few minutes—no tools needed. To find your perfect sofa and receive 20% off all orders, check out Allform.com/Tim.*This episode is also brought to you by Athletic Greens. I get asked all the time, “If you could use only one supplement, what would it be?” My answer is usually AG1 by Athletic Greens, my all-in-one nutritional insurance. I recommended it in The 4-Hour Body in 2010 and did not get paid to do so. I do my best with nutrient-dense meals, of course, but AG further covers my bases with vitamins, minerals, and whole-food-sourced micronutrients that support gut health and the immune system. Right now, Athletic Greens is offering you their Vitamin D Liquid Formula free with your first subscription purchase—a vital nutrient for a strong immune system and strong bones. Visit AthleticGreens.com/Tim to claim this special offer today and receive the free Vitamin D Liquid Formula (and five free travel packs) with your first subscription purchase! That's up to a one-year supply of Vitamin D as added value when you try their delicious and comprehensive all-in-one daily greens product.*This episode is also brought to you by Tonal! Tonal is the world's most intelligent home gym and personal trainer. It is precision engineered and designed to be the most advanced strength studio on the market today. Tonal uses breakthrough technology—like adaptive digital weights and AI learning—together with the best experts in resistance training so you get stronger, faster. Every program is personalized to your body using AI, and smart features check your form in real time, just like a personal trainer.Try Tonal, the world's smartest home gym, for 30 days in your home, and if you don't love it, you can return it for a full refund. Visit Tonal.com for $100 off their smart accessories when you use promo code TIM100 at checkout.*For show notes and past guests, please visit tim.blog/podcast.Sign up for Tim's email newsletter (5-Bullet Friday) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Discover Tim's books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissFacebook: facebook.com/timferriss YouTube: youtube.com/timferrissPast guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Margaret Atwood, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, Balaji Srinivasan, Sarah Silverman, Dr. Andrew Huberman, Dr. Michio Kaku, and many more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Billionaires have looted economies, hidden from tax bills, and destabilized democracies for decades. But the subset of billionaires who make a show of pretending to be good citizens have to be the worst among them. They're called “Davos Man'' and according to New York Times Global Economics Correspondent Peter Goodman, they're devouring the world we live in.  Peter S. Goodman is the Global Economics Correspondent at the New York Times. He is a two-time winner of the Gerald Loeb Award for Distinguished Business and Financial Journalism. His new book Davos Man: How the Billionaires Devoured the World is available now. Twitter: @petersgoodman Further reading:  Davos Man: How the Billionaires Devoured the World https://www.harpercollins.com/products/davos-man-peter-s-goodman?variant=39325320282146 Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick's twitter: @NickHanauer

Learn or review the key ideas of The Psychology of Money in minutes, for free. Get the text and animated versions here: https://go.getstoryshots.com/H1sN (https://go.getstoryshots.com/H1sN) If you don't already have the book, order it https://geni.us/psychology-money-book (here) or get the https://geni.us/psych-free-audiobook (audiobook for free) on Amazon to learn the juicy details The Psychology of Money by Morgan Housel | Book Analysis, Summary and Rating | Free AudiobookMorgan Housel's Perspectivehttps://geni.us/morgan-housel (Morgan Housel) is a partner at Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers. He is also a winner of the New York Times Sidney Award and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. Morgan has presented at more than 100 conferences in a dozen countries.  Introductionhttps://geni.us/psych-free-audiobook (The Psychology of Money) delves into the psychology behind our financial weaknesses. Housel considers how past experiences, moving the goalposts and being coldly rational can worsen long-term financial gains. The alternative is having clear, reasonable financial goals that are not over-reliant on historical financial performance. If you can implement these approaches, you can be financially successful in the long run. So, you will also benefit from the wonders of compound interest. StoryShot #1: We All Have Unique Experiences of InvestingOur current relationships with money are based on our past experiences. Housel uses the example of people who lived through The Great Recession and are now scared of reinvesting. Many of us won't have lived through The Great Recession. So, the author recommends avoiding judging others for their financial decisions as no one is crazy. We have all simply had StoryShot #2: Bill Gates' Competitive Advantage Both luck and risk are an integral part of finance. Do not assume that individual effort alone will allow you or others to be successful. The author uses the example of Bill Gates. Bill Gates is highly talented and works extremely hard. But, he also obtained a competitive advantage because he attended one of the few high schools in the world at that time to own a computer.  There are infinite moving parts within the world. This means the accidental impact of actions outside of your control often have a greater influence than your conscious decisions. So, work hard and take risks but also consider the role that luck plays in finance. Focus less on specific individuals and case studies and more on broad patterns. This should also help you develop greater humility when things are going right and compassion when they are going wrong. StoryShot #3: Rich People Are More Likely to Make Crazy Decisions Rich people are often the ones who make crazy financial decisions. Housel explains the goalposts seem to move the more you earn. There are countless rich individuals who have lost everything because they felt the millions they had were not enough. The lesson you can learn from these failures is you shouldn't risk what you have and need for what you don't have and don't need. Saying “enough” is realizing that an appetite for more will push you to the point of regret. StoryShot #4: Warren Buffett Is a Prime Example of the Power of Compound Interest Compound interest can bring you financial freedom. That said, the human brain struggles to understand the power of compounding. Housel uses Warren Buffett as an example. Many believe his wealth is entirely due to his knowledge of sound investments. More importantly, he has been making good investments since a young age. His current net worth is $84.5 billion, but he accumulated $84.2 billion after his 50th birthday. This shows the power of compounding. The key to...

WATER | Thirsty California: Water, Agribusiness, and the Future of Food ~Part of the Roots of Resilience in An Age of Crisis series co-presented with Real Food Media and Mother Jones magazine~ Join Anna Lappé with award-winning journalist Tom Philpott and Janaki Jagannath, of the Community Alliance for Agroecology and the 11th Hour Project, to talk about the state of water in California. As record wildfires and drought plague the state, what are advocates for farmers and farmworkers advocating for? What threats do we face and how do we take them on? Photo: Unsplash Tom Philpott is the food and agriculture correspondent for Mother Jones and author of Perilous Bounty: The Looming Collapse of American Farming and How We Can Prevent It (Bloomsbury 2020). Prior to joining Mother Jones in 2012, he worked for five years as the food editor and columnist for Grist Magazine. His work has won numerous awards, including a Gerald Loeb Award for Distinguished Business and Financial Journalism. He was a cofounder in 2004 of Maverick Farms, a small organic vegetable farm and center for sustainable food education in Valle Crucis, North Carolina. In past lives, he has worked as a farmer, line cook, a community college teacher, and a finance writer. Janaki Jagannath is Program Manager of the Food and Ag Program at the 11th Hour Project. Previously she worked in the San Joaquin Valley of California who work to advance agricultural and environmental policy towards justice for communities bearing the burden of California's food system. She has worked at California Rural Legal Assistance, Inc. in Fresno enforcing environmental justice and worker protections such as access to clean drinking water for unincorporated farmworker communities. Janaki has assisted in curriculum development for the Sustainable Agriculture and Food Systems degree at UC Davis and has farmed in diversified and orchard crops across the state. Janaki holds a B.S. in Agricultural Development from UC Davis and a producers' certification in Ecological Horticulture from UC Santa Cruz Center for Agroecology. Host Anna Lappé is a national bestselling author, a renowned advocate for sustainability and justice along the food chain, and an advisor to funders investing in food system transformation. A James Beard Leadership Awardee, Anna is the co-author or author of three books on food, farming, and sustainability and the contributing author to fourteen more. One of TIME magazine's “eco” Who's-Who, Anna is the founder or co-founder of three national organizations including the Small Planet Institute and Small Planet Fund. In addition to her work at Real Food Media, Anna developed and leads the Food Sovereignty Fund, a global grantmaking program of the Panta Rhea Foundation. Find out more about The New School at Commonweal on our website: tns.commonweal.org. And like/follow our Soundcloud channel for more great podcasts.

On Episode #27 of Book Talk Today we're joined by Tom Bergin. Tom is an investigative financial journalist for Reuters. His work has prompted parliamentary inquiries and won numerous awards in Britain, the United States and Asia, including a Gerald Loeb Award for Distinguished Business and Financial Journalism and the Orwell Prize for Journalism. Today we will be discussing his new book, 'Free Lunch Thinking: How Economics Ruins The Economy.' Timestamps: 0:00 - Intro 1:37 - What is 'Free Lunch Thinking'? 8:35 - The politicisation of economics. 13:14 - Is there a flaw in economics? 17:42 - Why does economics still value the 'rational actor'? 23:05 - What is 'The Income Effect'? 34:18 - The Principal Agent Problem. 41:29 - What's the future of executive pay? 50:51 - Equality in economics. 56:35 - The ethical and diversity issues in economics. 1:02:05 - Price vs. Non-price factors in economics. 1:07:12 - What's the one takeaway from this book? 1:09:05 - Outro Visit our website - https://www.booktalktoday.com

Tom Philpott is the food and agriculture correspondent for Mother Jones and author of Perilous Bounty: The Looming Collapse of American Farming and How We Can Prevent It (Bloomsbury 2020). His work has won numerous awards, including a Gerald Loeb Award for Distinguished Business and Financial Journalism. Tune in to learn more about: - His book Perilous Bounty, where he dives into two abundant but very different agricultural areas - California's Central Valley and the Corn Belt state of Iowa; - Why corn and soybeans do not work for farmers; - Why farmers love their tractors and the sad truth about the technology treadmill of John Deere;  - What the current pandemic taught the meat plants operators; - Why the current government should focus on climate change policies; - How the Midwest could learn to become more self sufficient and rely on a more local and regional food system; To learn more about Tom's work, follow his blog on Mother Jones https://www.motherjones.com/author/tom-philpott/.

This week’s conversation is with Morgan Housel, a partner at The Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism.Morgan recently published a book titled, The Psychology of Money, and it’s the impetus for why I wanted to talk to him.If you’ve listened to this podcast for a while, you know I live by this stance: having a philosophy for your life is imperative...What I hope you take from this conversation is that the same can be said for how you think about money.There isn’t simply one "right" way to manage your money, but it should align with the greater values you live by.At one point in our conversation, Morgan shares that he doesn’t have a mortgage on his house, that he owns it outright.I was a bit stumped at first because it would appear, especially in our current climate with how low interest rates are, that this is foolish.Isn’t there a huge opportunity cost to that?But Morgan is clear on his principles, what makes him feel secure, and what’s “enough” for him... not having to think about a mortgage is something that’s important to him.So this conversation isn’t focused so much on what to do with your money, but the importance of having clarity on the reasons why you choose to do, what you do, with it. -----Please support our partners!We're able to keep growing and creating content for YOU because of their support. We believe in their mission and would appreciate you supporting them in return!!To take advantage of deals from our partners, head to http://www.findingmastery.net/partners where you'll find all discount links and codes mentioned in the podcast.

Morgan Housel is a partner at The Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. 5x15 brings together outstanding individuals to tell of their lives and inspirations. This talk was recorded at the online 5x15 event on 5th Nov 2020. Learn more about 5x15 events: 5x15stories.com Twitter: www.twitter.com/5x15stories Facebook: www.facebook.com/5x15stories Instagram: www.instagram.com/5x15stories

Morgan Housel just wrote the book you need to read. Matt calls it the best personal finance book he’s read. The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness, features short stories exploring the strange ways we think about money and teaches us how to make better sense of life's most important topics. In this episode, Housel shares insights into his own investing strategies, an event that shaped his outlook on risk, a story about a janitor who left behind millions of dollars to charity, and why behavior is the most important factor in mastering your financial life.  More about Morgan Housel Morgan is a partner at the Collaborative Fund and former columnist at The Motley Fool and The Wall Street Journal. He's a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of The New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. Morgan has presented at more than 100 conferences in a dozen countries. He speaks about behavioral finance and history using storytelling to explore how investors deal with risk and how we can think about risk in a more productive way. Thanks for listening!Be sure to subscribe now on Apple, Google, Spotify, Stitcher, TuneIn, or wherever you like to listen to podcasts. Follow the Take the Long View Podcast on Instagram @takethelongviewpodcast and Facebook, and follow host Matt Hall on Instagram @matthallstl, Twitter @matthallhig, or on LinkedIn Connect with the Hill Investment Group on Instagram @hill_investment_group, Facebook @hillinvestmentgroup, Twitter @takethelongview, and on LinkedInWe love our listeners! If you would like to drop us a line or be a guest on the show, please contact Matt.

Now, a conversation with New York Times investigative reporter Chris Hamby about his new book, Soul Full of Coal Dust: A Fight for Breath and Justice in Appalachia, just pubished by Hachette Books (Little Brown). The book builds on Hamby's 2014 Pulitzer Prize-winning series of reports about how a resilient Appalachian mining community fought back against a resurgence of black lung disease, the indifference of coal industry executives, and the complicity of doctors at Baltmore's prestigious Johns Hopkins hospital. In 2017, Hamby was a finalist for the Pulitzer Prize in international reporting for his accounts of how multinational corporations use aggressive legal tactics to pressure governments around the world. He has reported on a wide variety of subjects, including labor, public health, the environment, criminal justice, politics and international trade. His work has also been honored with Harvard University's Goldsmith Prize for Investigative Reporting, two White House Correspondent's Association awards and UCLA's Gerald Loeb Award for Distinguished Business and Financial Journalism, among other honors. Before joining The New York Times in 2019, Hamby was an investigative reporter for BuzzFeed News, and he previously worked for The Center for Public Integrity. He has a bachelor’s degree from the University of Richmond and master’s from the University of Missouri School of Journalism. A native of Nashville, Tenn., he lives and works in Washington, D.C. Chris Hamby joins us today on Zoom.

In this episode, my co-host Cassandra Ying and I talk to Morgan Housel, one of the most insightful and unique writers and thinkers in all of finance, about the COVID-19 market so far. We delve into topics like the stimulus, day trading, behavioral finance, history, stock market trends, and much more! Check out the episode to learn about the COVID-19 market so far in a simplified way! Morgan Housel is a partner at The Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. He started writing during the financial crisis, and since then has gone on to become one of the most followed writers and thinkers in all of finance. Follow Morgan Housel on Twitter here! Follow StreetFins on Twitter, Instagram, and Facebook here, and follow me on Twitter @rohaninvest! Find and subscribe to Finance Simplified on Apple Podcasts, Google Podcasts, Spotify, and Anchor.fm! Morgan’s New Book: The Psychology of Money: Timeless lessons on wealth, greed, and happiness (2020) Want to learn more? Check out some StreetFins articles and videos relating to topics mentioned in the episode: Intro to Behavioral Finance Intro to The Federal Reserve System Intro to Day Trading COVID-19 and the Stimulus Checks --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Morgan Housel is the author of the new book, The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness. Success with investing and maintaining wealth is less about quantitative skill than it is about consistency and self-awareness. As the back cover of his new best-seller reads, “Doing well with money isn’t necessarily about what you know. It’s about how you behave. And behavior is hard to teach, even to really smart people." Morgan’s book is an elegant summation of many of the things I want to discuss on this show. While it is partially about investing, it’s really about how knowing what you want from life will help you make better decisions about money. A partner at the Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal, Morgan is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. His work was featured in The Best Business Writing published by the Columbia Journalism Review.  Learn more about Morgan on his website.    Read Paul's latest essays on Medium. Please take a second to rate and review Crazy Money here. (Click on whichever app you use to listen!) Find out more about Crazy Money and Paul Ollinger on his website and/or follow him on the socials:  • Twitter: http://Twitter.com/Paul_Ollinger • Instagram: https://www.instagram.com/paul_ollinger/ • Facebook: https://www.facebook.com/PaulOllinger/ • LinkedIn: https://www.linkedin.com/in/paulollinger/ Produced and edited by Mike Carano Topics addressed in this episode include: investing, stocks, bonds, equities, financial planning, portfolios, allocation, behavioral economics. Topics addressed on Crazy Money include: Philosophy, Happiness, Contentment, Meaning, dreams, purpose, Success, Rat Race, Society, mental health, Buddhism, Stoicism, the hedonic treadmill, morality, Mid-Life Crisis, Business, Work, Careers, Authors, Books, Consumerism, Values, capitalism, economics, investing, saving, spending, personal finance, charity, philanthropy, altruism, affluence, wealth, wealth management. Now listen, I’m happy you’re here, but if you haven’t found what you’re looking for in the words above, you’re probably not going to find them down here. Seriously, all the important stuff is up yonder. 

Morgan Housel is an author of The Psychology of Money book and writes a blog as a partner at The Collaborative Fund. He is a former columnist at The Motley Fool and The Wall Street Journal, a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism.    This podcast is hosted by Rick Ferri, CFA, a long-time Boglehead and investment adviser. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost.   The organization's free website is Bogleheads.org and the wiki site is Bogleheads® wiki. Bogleheads sites are operated by volunteers who contribute time and talent. Donations help defray operating costs.   Since 2000, the Bogleheads' have held national conferences in major cities around the country and currently meet in Philadelphia in the autumn of each year. There are 56 Local Chapters in the US and three Foreign Chapters that also meet regularly. New Chapters are being added on a regular basis.   This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012.

Morgan Housel is a partner at The Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. His book The Psychology of Money, was just released and is available here.   “Investing is not like physics where the laws of gravity were the same in Newton’s days, and they are in our days. Investing strategies evolve overtime to get to the point where they don’t work anymore.” Morgan Housel   Worst investment ever One of the first investment books that Morgan read was the Intelligent Investor by Benjamin Graham, written over 50 years ago. The book talks about all these practical strategies that value investors can use to pick stocks. One of them that Graham goes into great detail about is buying stocks for less than the book value. Unpacking Graham’s strategy Graham’s strategy was to calculate what a business is worth. That is its assets minus its liabilities. That gives you the book value of the company. So your goal is to buy stocks that are less than the book value. For instance, if a company is worth a million dollars, and you buy its stock at the point where the company is worth, let’s say $800,000, according to Graham, you are making a good investment because you’re buying the stock for less than the company’s worth. Borrowing from the greats So after reading that strategy from Graham, Morgan started doing that. He looked for companies that were trading for less than their book value. This was around 2006-2007. He found a furniture company, a mortgage company, and several banks that were selling for less than their book value. Old is not always gold Morgan invested in these cheap stocks, confident that he would make a killing. Unfortunately, almost all of them went out of business. Morgan wondered what he had done wrong. Did he get unlucky? Did he not follow Benjamin Graham’s advice correctly? What happened here? Morgan soon realized that the reason why this happened is that the investment world had changed since the 1970s. It was true that in the 1970s, in the 1960s, the 1950s, and 1940s, stocks trading for less than their book value were probably good investments. That was true back then. However, things changed over time, and that strategy does not work anymore. Lessons learned There’s a reason why a stock is cheap If a stock is cheap, you need to know why it’s cheap. Almost always, say 99% of the time, the reason a stock is cheap is that the business is not performing well. It is probably burning money or has enormous liabilities. Andrew’s takeaways A cheap stock is the market’s way of warning you As a value investor, when you see a company that’s trading at a price that’s lower than the book value, know that the market is telling you that there is no future value in that stock. Separate your investment strategy and risk strategy Make sure that you have an investment strategy as well as a risk management strategy to keep you covered should your investment strategy fail. Actionable advice Try to become more attuned with your behaviors, your ability to be swayed by new ideas and new opinions. Become more attuned with your risk tolerances, comfort zones, and ability to sleep well at night. Move away from the finance textbooks that are written to apply to everyone and think about your own goals, personality, philosophies about money. You will then start making better decisions because it’s less about your intelligence and the formulas that you know, and more about becoming attuned with yourself and your own goals. No. 1 goal for the next 12 months Morgan’s number one goal for the next 12 months is to keep his expectations low while hoping for the best with his new book. Parting words   “We are going to look back at 2020 as one of the worst years in modern history, but we are also going to look at it as a turning point of innovation, technology, and problems that are being solved faster than we have done in years or maybe decades.” Morgan Housel   Connect with Morgan Housel LinkedIn Twitter Website Blog Andrew’s books How to Start Building Your Wealth Investing in the Stock Market My Worst Investment Ever 9 Valuation Mistakes and How to Avoid Them Transform Your Business with Dr.Deming’s 14 Points Andrew’s online programs Valuation Master Class How to Start Building Your Wealth Investing in the Stock Market Finance Made Ridiculously Simple Become a Great Presenter and Increase Your Influence Transform Your Business with Dr. Deming’s 14 Points Connect with Andrew Stotz: astotz.com LinkedIn Facebook Instagram Twitter YouTube My Worst Investment Ever Podcast Further reading mentioned Benjamin Graham (2006) The Intelligent Investor: The Definitive Book on Value Investing Morgan Housel (2020) The Psychology of Money  

Whit is an award-winning journalist and communications professional. After more than a decade in the newspaper business, during which time he won the prestigious Gerald Loeb Award for Distinguished Business and Financial Journalism from the UCLA Anderson School of Management, Whit took his experience crafting narratives and distilling complex topics into easy-to-understand terms to the corporate world. Until recently, he led communications and investor relations for 4Front Ventures, a publicly traded company operating in the legal cannabis industry. Whit led 4Front's communications and marketing efforts from its nascent stages to emerging from stealth mode to ultimately going public in the summer of 2019. During that time, Whit was instrumental in developing the communications strategy that the company used to raise more than $35 million. Whit is also the founder of Maine Startups Insider, which provides news, resources, information, and events for Maine's startup founders and innovation-focused companies.Learn more about Whit's consulting partnership, Brickyard Collective.

Timothy L. O'Brien is an award-winning author and journalist with more than 20 years of experience at leading media enterprises, including Bloomberg LP, The New York Times, Wall Street Journal and HuffPost. He's currently the executive editor of Bloomberg LP's two premier public policy, politics and business commentary platforms: View and Gadfly. O'Brien edited a series on wounded war veterans that won a Pulitzer Prize in 2012. He's also the recipient of a 1999 Loeb Award for Distinguished Business and Financial Journalism and is the author of three books. He was a reporter and a senior editor at The New York Times, where he oversaw the Sunday Business section and helped lead a team of reporters that was a Pulitzer Prize finalist in Public Service for a series of articles about the 2008 financial crisis. The same series received a Loeb Award in 2009. O'Brien is the author of two non-fiction books -- TrumpNation: The Art of Being the Donald and Bad Bet: The Inside Story of the Glamour, Glitz and Danger of America's Gambling Industry. He is also the author of an historical novel, The Lincoln Conspiracy. Donald Trump sued O'Brien for libel in 2006. Trump lost. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Howard and Morgan Housel discuss what makes a good investor, how they invest their money, and how Morgan started writing for the Motley Fool.  How to start writing for the Motley Fool How to invest your money What makes a good investor? Morgan Housel is a partner at The Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. His work was featured in The Best Business Writing published by the Columbia Journalism Review.    For speaking, email longtermwords@gmail.com.   Twitter: twitter.com/morganhousel

Steven Greenhouse was a reporter for The New York Times for 31 years, spending his last 19 years there as the Times’ labor and workplace reporter, before retiring from the paper in December 2014. He covered myriad labor topics, including conditions for the nation’s farm workers, the Fight for $15, Walmart’s locking in workers at night, the New York City transit strike, and factory disasters in Bangladesh.Greenhouse also served as the NYT’s Midwest business correspondent, based in Chicago, as its European economics correspondent, based in Paris, and as an economics and then diplomatic correspondent in Washington.He has written a new book, Beaten Down, Worked Up: The Past, Present, and Future of American Labor, that Alfred A. Knopf published on August 6, 2019. The book looks at key historic episodes that built America’s labor unions and shows how unions and worker power helped build the world’s largest middle class as well as a fairer, more democratic America.A native of Massapequa, N.Y., Greenhouse, he is also graduate of Wesleyan University (1973), the Columbia University Graduate School of Journalism (1975), and NYU Law School (1982).Greenhouse joined The Times in September 1983 as a business reporter, covering steel and other basic industries. He then spent two-and-a-half years as the newspaper’s Midwestern business correspondent based in Chicago. In 1987, he moved to Paris, where he served as The Times’ European economics correspondent, covering everything from Western Europe’s economy to the collapse of Communism in Eastern Europe. After five years in Paris, he served as an NYT correspondent in Washington for four years, covering economics and the Federal Reserve and then the State Department and foreign affairs.His first book, The Big Squeeze: Tough Times for the American Worker, was published in April 2008 by Alfred A. Knopf. It won the 2009 Sidney Hillman Book Prize. Greenhouse has also been honored with the Society of Professional Journalists Deadline Club award, a New York Press Club award, and a Gerald Loeb Award for Distinguished Business and Financial Reporting.He continues to freelance for, among others, the New York Times, the Washington Post, the LosAngeles Times, the Guardian, the Atlantic and the Columbia Journalism Review. See acast.com/privacy for privacy and opt-out information.

Rob Capps: 22 Years in the Trenches of Tech Jounalism   If I'd written all the truth I knew for the past ten years, about 600 people - including me - would be rotting in prison cells from Rio to Seattle today. Absolute truth is a very rare and dangerous commodity in the context of professional journalism.  -- Hunter S Thompson Today’s question: Can we assess the future of tech by examining it’s past? To do that, it would be worthwhile to speak with someone who was the to chronicle all that was awesome, awful, cool and weird over the past 20+ years… In this week’s episode of InSecurity, Matt Stephenson takes a walk with Rob Capps. Rob is Head of Editorial at Godfrey Dadich Parters and former editor at WIRED magazine. He has written about everything from why DVDs suck to Helena Bonham Carter to the death of the Flip camera. Want to hear from an award winning journalist who has been reporting from the front lines of technology culture for over 20 years? Rob is your man. About Rob Capps Rob Capps(@robcapps) is the Head of Editorial and a partner at Godfrey Dadich Partners. He runs the editorial division of the studio, specializing in longform narrative journalism, podcasts, documentary television and film, and other forms of non-fiction storytelling. GDP works with everyone from established media companies to large brands to emerging start-ups. Previously he was the Editorial Director of WIRED, where he oversaw editorial for all platforms, including the magazine, WIRED.com, and live events. During his 13-year career at WIRED the publication garnered 21 National Magazine Award nominations with eight wins. He also spearheaded the programing for multiple live events, including the WIRED Business Conference, the WIRED Data | Life health conference, and the WIRED x Design creativity retreat. He wrote the article “Why Things Fail,” which won the prestigious Gerald Loeb Award for Distinguished Business and Financial Journalism. His article “The Good Enough Revolution,” was discussed in publications ranging from the Economist to the New Yorker and was noted by the New York Times as one of the big ideas of the year. Rob is also the co-curator of the annual PopTechideas conference. About Matt Stephenson Insecurity Podcast host Matt Stephenson(@packmatt73) leads the Security Technology team at Cylance, which puts him in front of crowds, cameras, and microphones all over the world. He is the regular host of the InSecurity podcastand host of CylanceTV Twenty years of work with the world’s largest security, storage, and recovery companies has introduced Stephenson to some of the most fascinating people in the industry. He wants to get those stories told so that others can learn from what has come Every week on the InSecurity Podcast, Matt interviews leading authorities in the security industry to gain an expert perspective on topics including risk management, security control friction, compliance issues, and building a culture of security. Each episode provides relevant insights for security practitioners and business leaders working to improve their organization’s security posture and bottom line. Can’t get enough of Insecurity? You can find us wherever you get your podcasts including Spotify, Stitcher, SoundCloud, I Heart Radio as well as ThreatVector InSecurity Podcasts: https://threatvector.cylance.com/en_us/category/podcasts.html iTunes/Apple Podcasts link: https://itunes.apple.com/us/podcast/insecurity/id1260714697?mt=2 GooglePlay Music link: https://play.google.com/music/listen#/ps/Ipudd6ommmgdsboen7rjd2lvste Make sure you Subscribe, Rate and Review!

In this episode of Behind the Markets host Jeremy Schwartz talks with award winning financial journalist Morgan Housel, who is also a partner at a firm that invests in socially responsible companies. He talks about how investors these days are more informed and that all advisers should be transparent with their clients. Guest: Morgan Housel, Partner at the Collaborative Fund and the man who writes the firm’s blog about the markets and investing. Morgan is a former columnist at The Motley Fool and The Wall Street Journal. He is a two-time winner of the Best in Business award from the Society of American Business Editors and Writers and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. He was selected by the Columbia Journalism Review for the Best Business Writing 2012 anthology. In 2013 he was a finalist for the Scripps Howard Award. Follow him on Twitter @morganhousel See acast.com/privacy for privacy and opt-out information.

Bloomberg Opinion columnist Barry Ritholtz interviews John Carreyrou, the Pulitzer-winning investigative reporter who exposed wrongdoing at the much-hyped startup Theranos. Its founder was recently charged with "massive fraud" by the SEC. Carreyrou has been awarded the George Polk Award for Financial Reporting, the Gerald Loeb Award for Distinguished Business and Financial Journalism, and the Barlett & Steele Award for Investigative Journalism. His new book is "Bad Blood: Secrets and Lies in a Silicon Valley Startup."

Leonard Silk is the economics columnist for The New York Times. Prior to joining the newspaper, he was the economics editor and editorial page editor for Business Week. He is a five-time recipient of the prestigious Loeb Award for Distinguished Business and Financial Journalism. His 1978 book, Economics in Plain English, has been updated and revised for release again this year.

Byron Acohido is a Pulitzer Prize-winning investigative journalist who covers Internet security for USA Today. He is the co-author of Zero Day Threat: The Shocking Truth of How Banks and Credit Bureaus Help Cyber Crooks Steal Your Money and Identity. While at the Seattle Times earlier in his career, he was awarded the 1997 Pulitzer Prize for Beat Reporting, for stories linking a dangerous defect in the rudder controls of Boeing 737 jetliners to a string of crashes that killed hundreds of people. Since joining USA Today, Acohido has led the paper's cutting-edge coverage of Internet security and cyber crime. The New York State Society of Certified Public Accountants recently awarded he and co-author Jon Swartz the 2008 Excellence in Financial Journalism Awards for their newspaper stories about data theft and identity fraud. In 2005, the Society of American Business Editors and Writers awarded Acohido and Swartz the Best in Business Award for Projects by large newspapers; and they were named finalists in both 2005 and 2006 for the prestigious Gerald Loeb Award for Distinguished Business and Financial Journalism. Acohido has conducted numerous workshops on aviation safety, investigative journalism and technology topics. To hear Acohido discuss the public's rising exposure to data theft and identity fraud please visit http://zerodaythreat.com.